Thread regarding Cenovus Energy layoffs

Another one bites the dust

VP, Corporate Controller and VP, Internal Audit will be forced to "retire" at the end of the month.

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| 4444 views | | 17 replies (last March 12, 2025) | Reply
Post ID: @OP+1jnn4a09k

17 replies (most recent on top)

@179+1jnn4a09k Now for sure Cenovus will have the same fate as Husky

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Post ID: @17c+1jnn4a09k

Welcome back to Husky folks!

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Post ID: @179+1jnn4a09k

These are two voluntary retirements. Nothing more to the story.

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Post ID: @13g+1jnn4a09k

@he+1jnn4a09k This was a “normal” practice with IT Husky

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Post ID: @xs+1jnn4a09k

@he+1jnn4a09k An independent audit should be done. Too much money and no controls

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Post ID: @t7+1jnn4a09k

How does a 52-55 year old “retire” from Cenovus? First DZ and now DP. They can’t possibly be bridging these guys to the actual minimum retirement age of 60 are they? Those packages must be massive, and then they have to pay their replacements. What a poorly managed company!

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Post ID: @se+1jnn4a09k

Planned retirements. Cuts are happening and more coming. Seems if you’re over 60 in any area forget about planning for retirement.

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Post ID: @sc+1jnn4a09k

@fd+1jnn4a09k - one can only hope! When the VP called this out, sooooo many flags went off with regards to IT! LHSE knows about this all too well so I hear. Why do we have the not great outsource companies we do..think about it!!! Corrupt!!! DO NOT trust any IT leadership member!!!!

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Post ID: @he+1jnn4a09k

@dq+1jnn4a09k No. The VP flagged / called out that the company is not being compliant or enforcing compliance to the policy - vp was not flagged themself.

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Post ID: @gq+1jnn4a09k

What about IT and Procurement? Any leadership overhauls coming for those areas?

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Post ID: @fd+1jnn4a09k

Yeah, “planned” retirements!

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Post ID: @ea+1jnn4a09k

Both planned retirements

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Post ID: @dz+1jnn4a09k

@b9+1jnn4a09k
Can you elaborate? Did one of these VP’s accept gifts in violation of our corporate gifts policy?

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Post ID: @dq+1jnn4a09k

"Behold, I send you out as sheep amidst the wolves"

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Post ID: @d4+1jnn4a09k

I heard VP Corporate Controller is a voluntary retirement not sure of the other one.

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Post ID: @by+1jnn4a09k

Dean Perkins GONE! Norrie Ramsey GONE! Next Middle management purge.

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Post ID: @bb+1jnn4a09k

Not surprised. Remember when that VP flagged at Jon’s town hall that we’re not compliant with our policy for gifts and the CFO basically said we don’t want to have too many rules? Was pretty clear at that point another retiretold would be coming.

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Post ID: @b9+1jnn4a09k

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