Stock is down. Rates are rising. The sale of asset won't be enough to keep this company afloat. Get ready!
Stip bonus
A lot of folks are waiting to get STIP bonus and will bolt out before the ship sinks. Can someone explain all the jargons Al Monaco wrote.
Panic?
Reuters: Enbridge seeks to double its initial target for asset sales Feb. 15, 2018 4:05 PM ET|About: Enbridge Inc. (ENB)|By: Carl Surran, SA News Editor Enbridge (NYSE:ENB) plans to accelerate its divestment program by selling assets valued at ~C$8B... — read more
Thanks for the Valentine Mike....
Now "retiring" EH&S awards for all regional employees......Perfect If an employee has not been laid off yet, they have had tremendous cut backs the last few years, And, sadly, there is more to come. Time to ask yourself.....when is it all not worth... — read more
Lol Yammer
Anyone else get the email notifying them of the “company morale” thread on yammer? I’ve never seen so many pencil pushers hemmhorage out of their fingers by trying to show that they’re team players by lying or sugar coating. It’s a painful joy. If... — read more
Senior Management levels
Would anyone know why we still have lots of VPs and Directors? What are they for? I thought we are trimming layers and layers but they way I see it the trim is only on the ordinary worker level. One VP compensation is equivalent of more than a dozen... — read more
Let us all quit
People let us all update our resume, apply with other companies and leave!
Bye bye to North Dakota?
With recent management changes it looks like North Dakota gathering lines will be sold soon. There is no competitive advantage to keep them since DAPL kicked our a** Be happy boys. You'll no longer have to look at Al's smug face on Elink.
Let's vote on what we lose next!
Let's see, first we lost our SDO's (In the US) Then we lost the EH&S awards What's next? I vote that Steller cash awards will soon be gone. Then I seee them clawing back 20% of your vacation. Sick days, due to be reduced any time now. How about... — read more
Harassment doesn't only happen in politics and the entertainment industry
So many women got let go this time around cause the company had to pay up to keep them quiet. NDAs are the only way to keep allegations away from the media.
Bye bye EH&S awards!
If you are a poor office bloke you can kiss away receiving any EH&S cash from now on. I guess safety isn't really a priority any more. Thanks Al! Hope you enjoy your millions!
Enb down 18.5% in 1 year
Almost double that over the last 2 years. Will the bleeding stop?
Don’t get comfortable...
More layoffs today in Houston. Don’t think because the latest D-Day has passed that you’re safe. There’s always a snake lurking in the grass...
Is it done?
Do we know for sure this round of layoffs is done and we will not be ambushed by more come next week? I've been on the edge as it is, it'd be nice to be able to relax at least a little bit. Job security used to be a thing here, nowadays, it's just a... — read more
Enbridge is a great company to work for
It's really too bad that there have been so many people laid off over the past few years. Many good people were lost. However, there is no company that exists that is going to watch out for your best interest. Enbridge takes care of their employees... — read more
Never mind “Crown Jewels”...
... looks like the lack of family jewels was taken heavily into consideration this time around.
Sears employees thought they had a pension too
https://www.policyalternatives.ca/newsroom/news-releases/canada%E2%80%99s-largest-companies-prioritizing-shareholder-payouts-over-pension
Severence Packages
For those of us waiting for the inevitable layoff. Would anyone from yesterday's round be willing to share the general details of their severence offer? It will be anonymous as per the terms of this site, but any information would be appreciated.
Spectra Layoffs
There were layoffs in TEXAS FOR former spectra employees. At least 35 of them in compressor stations. They were not allowed to return to there desk and walked out. Most of these ppl had between 20-30yrs of service. Why did Enbridge buy spectra?... — read more
More companies are laying off in Calgary
Check out this Cenovu's thread - that's what happens when socialists run the government - @RwHX8aM
News Flash
Enbridge acquired Spectra to compete with Transcanada. Here is the news flash Transcanada’s stock price has always been consistent with minimal layoffs. Enbridge is run by bunch of inefficient and inexperienced management.
Call for Communication
Truly hoping the ‘powers that be’ step up with regard to communication. The lack of transparency is only feeding the rumor mill and damaging any remaining trust. If we are ‘all in this together’ and treating Enbridge as ‘our own company’ by looking... — read more
Laying ppl off on Mental Health Day..that’s low even for Enbridge
Way to go Enbridge, laying ppl off on Canadian Mental Health Day! Good job!! Enbridge could save millions on pricey HR campaigns pretending they care about their employees and saved a few jobs. Perhaps the VPs can “talk” about what it’s like to go... — read more
Trudeau and his Crew
Blame that on Trudeau blocking pipeline construction in BC, Ontario and Quebec.
Layoffs or something else?
You mean the Enbridge employee that started a broken pipeline with zero pressure three times and then said " I don't know why it keeps shutting off but I'm out of here for the weekend "?!? It turned out Kalamazoo was having a huge spill...
Layoffs Layoffs Layoffs!!!!
This seems to be the new trend now. Can anyone still employed with Enbridge say with certainty that they will not be next??? I can not!!!! People who have been here for 5+years at least have a bit of cushion that at the least they will get a... — read more
Is Al going to send out an Email?
Is Al going to send out an email on the layoffs that happened yesterday........oh wait he is to busy crunching numbers on saving the company money and how to pay himself more money or should i say align himself with the market..... I guess he does... — read more
Corporate Layoffs around mid March
Not sure if the info is accurate but I thought it was worth sharing.
No confirmation of Layoffs
Sadly, these reports have no merit
Theme: Can employees close to retirement age
We don’t want to pay their pensions. Warning to younger employees: Al will find a way to take your pensions away too. He’s already been chipping away at them.
Enbridge doesn't give a sh-- about their employees. Al Monaco is a goon.
Everyone should do themselves a favor and go work at any of the other pipeline companies. Or UNIONIZE because Monaco will keep cutting and screwing over the people that make the company run.
Al Monaco: Enbridge’s Most Hated CEO
I question the intelligence of the people who put this monster in charge. There must have been signs of his instability, even before power got to his head. He has ruined this company.
I feel for all my former colleague
I left Enbridge last year when I have found an opportunity that was too good to pass on. I've enjoyed great colleague at Enbridge. But I have been underpaid for years! I understand that this company is not in great shape (lot of debt, stock is... — read more
Trends in ENB staff reductions
Beyond Our Energy Future gave us the initial outline - a compressed upper management, less titles and new money goes to field work rather than consultants and latte machines in Calgary. Then Spectra happened on the heels of that. A massive purchase... — read more
layoffs tomorrow?
Are they done? This company is a mess.
No layoff then?
No layoff in Houston? All I see is fake news. Real news would have media coverage or at least specific details. All the rest is garbage!
WoW guys - Look at what you have become
That's all I have to say! Look at what you have become