Husky was always fairly over staffed and I believe they’ve done a few rounds of cuts so not sure if that is still true. Same with Cenovus over time pretty sure they have done some heavy cutting. Will be really too bad to see the fall out of this with some of my friends at both companies.
Crazy transaction though... and I would think more of this type of stuff to come especially the mid sized companies. I’ve definitely heard some interesting rumours for the Montney players that are mid-sized. Would imagine it’s just a numbers game and working through the details for a few of them now but whoever knows.
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