Before the pandemic started I moved to a new company because I got a much better offer and lately I'm noticing that more and more people from Pembina are moving over here.
I know one of these people, a great expert in his field and I am glad to work with such a person again. Anyway, what’s going on there? More and more people are leaving?
3 replies (most recent on top)
Goodness. Reading that transcript in Mick's voice makes my skin crawl. For sure there is another round of layoffs coming.
For people who are still are at Pembina, let me tell you, the future is not promising. Many projects were cancel or on hold. Some were activated but with a reduced scope. The star project KKPC was cancelled and all the company statements are in red numbers. Just read the news about Pembina and you will see how bad the situation is. Of course, there is not enough funds to execute the projects and pay the dividends to the stakeholders, so any of them will be impacted for sure.
Good for you that you were lucky enough to leave Pembina.
https://www.fool.com/earnings/call-transcripts/2021/02/26/pembina-pipeline-corp-pba-q4-2020-earnings-call-tr/#:~:text=Pembina%20recorded%20a%20net%20earnings,Cove%2C%20as%20well%20as%20CKPC.
Have you even read this page? Throw in industry and other issues and yeah I can see that.