Topics regarding layoffs at Imperial Oil Limited

Topics regarding layoffs at Imperial Oil Limited

Severance Megathread

Severance estimates have been sent! 12y+, 70% of base salary. Working notice may be provided, nothing about RSUs.. What are your thoughts? Are you happy or disappointed? Will this impact your decision for the mobility survey?


IOL without XOM

ChatGPT Deep dive — Imperial Oil Ltd. (what it could’ve done if not constrained by majority stakeholder ExxonMobil) Insights • Peers (Shell, Suncor, Dow, Neste, Valero, global traders) show the pathway Imperial could have taken. • Imperial stayed... — read more 


Lawyer

Anyone have an employment lawyer contact in Calgary who is not on retainer with IOL? Maybe we need to go outside Calgary? If you are a person who would like to leverage the guidance please respond.


Their plan

Imperial and the government are running the scam of the century. Lay off 1,000 people → claim it’s a “lack of projects” → pull in more contracts from the government → hand the work off to India. IOL’s lobbying team nailed it. Smith and the media are... — read more 


Edmonton

So it seems that the majority of folks are planning to fake mobility to see what they are offered, even if they have no intent to move. Is this the play? If I declare immediately I am not mobile, and seek immediate severance, will I be severed... — read more 


Considering the move BUT…

I’m considering accepting the move to Edmonton. My spouse doesn’t work, I don’t have family ties to Calgary, and my kids are young enough (with another on the way). I have enough savings to last me a few years, so the main issues I’m juggling in my... — read more 


Selling Kearl Before DB Pension Curve

Step 1: Slash MPT using the "ranking" system Step 2: Close QP and layoff hundred Step 3: Sell Kearl to Suncor Goal: Shed pension risk based on the demographic curve before the majority vests. NOTE: We are on Step 2 this week.


Survey

What are your thoughts? It feels like an exercise to see who would be willing to support after they've outsourced almost everything. Take the few that are willing (or if there are extras, the top picks in their mind) and distribute them into the... — read more 


imperial sale

If you people don't think they are whittling the company down to make it look amazing on a balance sheet for an eventual sale, you're going to be blindsided when it happens. Don't trust them or what they say. Keep your bills low and your lifestyle in... — read more 


This is what you get

This is what you get when we could have unionized the entire company under one flag and held them by the short and curlys. Instead you all trusted a corporation to have your best interests at heart. Life lesson for you all.


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