Working for over 8 years with IOL, and never seen anything like these multiple meetings from multiple levels of management, in one day. This is crazy exciting! Anyone else feeling excited like me? It can’t be just to announce layoffs. That... — read more
First rumble today
Imperial bailing out of Syncrude. Sands are consolidating. Expect further rationalization on production side today. Refining makes money, production in sands does not.
IOL layoffs coming next week
IOL will announce 10% cut across Canada by year end. Managers have signed confidentiality agreements last week and submitted names to HR. No forced or incentivized retirement. Severance will be 1 month per year of service, so expecting mostly mid... — read more
Anyone hearing anything?
Been quiet. What’s going on? Anyone hear what the plans are going forward?
IOL is stranded assets at these prices
IOL is in the same situation today as pulp and paper was 10 years ago, and it was a bloodbath - for the employees. The future of hydrocarbon development is Guyana, Brazil, Mozambique, New Guinea, insert low cost producer. Not North America. You... — read more
We are in the black again..... Yahoo....
Anyone excited??!! It surely feels great to return to black after a period of red. We are on the right path. Let’s move forward.
Imperial
We will cut at least 20% of the workforce from our Canadian Operations.
D-Day Wednesday or Thursday?!??
Get ready folks it’s coming!
Speak out anonymously, i did
Hey all – I'm a reporter at Business Insider, where I cover the energy industry. I've written a lot about Exxon (see the link to my bio below). I'm looking for more folks who are interested in talking about their experience with the company... — read more
20% headcount reduction?
If that is the US plan, do you think IOL will axe similar amount of jobs?
What is IOL’s plan
I know IOL is always looking at XOM to tell them what to do, but still thought someone in IOL might have some idea of what is going on. Is there anyone in this chain with any internal info on what Kearl and Cold Lake will do?
DW Town Hall
Did IOL people receive notice about the Oct 21 forum?
Slowdown in layoffs or calm before the great storm?
Haven’t heard of any new layoffs in the last one or two weeks. Does this means we are done with the layoffs for this year? Or, is this the calm before the great storm?
MPT VS WAGE - Layoffs
Anybody have the insider info on how much of the wage folks are going to be impacted by the layoffs? Any numbers from the exxon europe layoff plans?
PIP/NSI
How many people have already been let go? Can they achieve the numbers they need just by letting go the People who got NSI and put on PIP?
Union drive?
May be we should form a union, to prevent future layoffs.....
Is anybody willing to share severance info?
Have they made any changes to the usual package due to the pandemic? What do they offer now? Is there any extended medical coverage provided or is it an immediate cut? I'm positive there'll be more layoffs before the end of the year so I'd like... — read more
Quietly laid off!
Many of my colleagues have been quietly laid off from Imperial Oil over the last month. All were long term, technical, smart and hard-working. Not a peep on this site. Weird?
COVID19 Layoffs
Due to Covid 19 and low oil prices (Saudi vs Russia). Any layoffs are coming? They will have to reduce their operation expenses.
2015 Layoffs at Imperial Oil
Imperial Oil runs very lean. With prices dropping, it'll run even more lean. We have a large workload relative to the amount of people on each site and you should be aware of that - that is the reason why you dont see many layoffs as we cannot afford... — read more