Thread regarding Capital Power Corporation layoffs

25% Canadian Employee Voluntary Departure Program Announced

$30M for 125 positions, $230K per position. https://www.capitalpower.com/media/media_releases/capital-power-announces-q3-2024-results/

What is everyone getting for offers?

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| 622 views | | 6 replies (last November 4, 2024) | Reply
Post ID: @OP+1vfJjmnN

6 replies (most recent on top)

I've heard they will hit their 130 and then some, will they still cut? I think they will cut those that they really don't want but won't cut just for more reduced headcount.

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Post ID: @6smj+1vfJjmnN

Don’t take the offer they will continue to cut.

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Post ID: @5kez+1vfJjmnN

Anyone know what will happen to those that stay? Will they just get cut anyways? Have we all been doing jobs that have never been needed?....
"Whenever I'm about to do something, I think, 'Would an id--t do that?' and if they would, I do not do that thing."

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Post ID: @5njd+1vfJjmnN

Who doesn’t want to be a North Star Navigator?

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Post ID: @5frl+1vfJjmnN

No one knows but I think it's to get some of these LAPP folks out and for those that don't want to get on-board with "North Star".

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Post ID: @5yjz+1vfJjmnN

No where near $230k, not even $100k

I guess, the big $ are for senior people.

Wondering what's the math behind it?

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Post ID: @1jug+1vfJjmnN

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