Thread regarding Cenovus Energy layoffs

what's going on in kananaskis leadership summit?

Despite all the budget cuts cenovus still has enough money to fund leadership summit in kananaskis? Why not do it in bow tower that is always vacant.
Any layoffs news coming after this very productive leadership summit ?

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| 3643 views | | 7 replies (last March 23, 2025) | Reply
Post ID: @OP+1jp608aed

7 replies (most recent on top)

Retreat in k country that costs less than an hours production lol ? - your math isn’t mathing!! Must be running the shots too with those poor logic, math skills and at a place that is in performance and morale crisis.

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Post ID: @1tp+1jp608aed

lol these retreats cost less than an hour’s production and have been happening for years. You guys are hilarious with how dramatic you are.

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Post ID: @1ce+1jp608aed

It all comes down to this company over promising and underperforming and that’s a mgmt issue. That and downstream was a horrible investment but of course you can’t say that out loud because you would be retiring soon after.

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Post ID: @104+1jp608aed

Yes they are discussing what they will do to contribute to improved profit centers. VP, talk about your PC.
Dig deep and reduce costs while improving operational efficiency. Present your ideas and Jon is expecting ideas.
How much can you reduce costs without disrupting volumes with maintaining sustaining cap.

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Post ID: @x9+1jp608aed

Probably discussing the reasons CVE stock price continues to tank and who will take over

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Post ID: @fa+1jp608aed

Doubling down on downstream but with the lowest possible skeleton staffing and maintenance/ops resources. Big cuts already being discussed and finalized.

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Post ID: @ee+1jp608aed

Worry for your jobs at low-mid levels because they have no money and let the org get too top heavy and will have to make massive cuts…but let’s take 200 people to a $1000 night hotel to hang out with their friends and reinforce alliances to decide the next new vps and svps. Mixed messages much?

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Post ID: @b0+1jp608aed

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