Thread regarding EnCana Corp. layoffs

20% Workforce Reduction Coming Up!

Announced in the investor call this morning.

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| 2561 views | | 4 replies (last February 25, 2016) | Reply
Post ID: @OP+G657BE7

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No word. Since Canada took the brunt of the last round I would imagine it's our turn in the US.

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Post ID: @1hjt+G657BE7

Any clues what areas, country will be impacted the most?

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Post ID: @1uap+G657BE7

Sounds like the incentive will be to keep your job, but I'm not sure in what capacity. I haven't heard anything about salary cuts this year (except for contractors) and bonuses are still on time AFAIK.

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Post ID: @dbq+G657BE7

In investor call - Doug talked about asking people to take a sabbatical or convert to service provider. Not sure how that will work and what incentives there will be to do either of that (vs severance package). I am surprised, I thought there were going to be salary cuts as the method of reducing employee spend.

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Post ID: @xpx+G657BE7

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