Yet we’re having a massive celebration for net debt
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They’re handing out management jobs and promotions like candy. G&A control? Lol
Reducing G & A should be a pretty quick fix. Cut the bloated HR machine by half and eliminate all of the pretend middle management jobs they’ve created over the last 2-3 years. These positions add zero value unless you sell high-end bespoke suits, colourful socks or $600 shoes within 4 blocks of Brookfield.
Hire more generals" Middle management Leaders" and less soldiers. That will make the company successful. Seems like that's the useless direction were going.
If the company is shedding staff they’re adding massive numbers of managers.
The company is shedding more staff than we are hiring. We are down almost 1500 in staff since the start of the year.
Cenovus keeps hiring, its concerning. Seems like the company is not efficient because we had no new acquisitions. Why?
Get ready for another low bonus and useless LTIs. Cenovus will make a few billion and we will get sc--wed again.
Don’t worry Jon will correct this. After he throws away money at his big party, he will address the G and A problem with layoffs. He has been itching to cut people since he started and doesn’t give a cr-p about anyone but himself and the privileged millionaires he surrounds himself with.
Place is out to lunch!
Stock price lagging a lot. I wonder why?
It seems like investors are not, did you see our stock today? Yes, oil price but if we compare ourselves to other peers….