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Old 02-10-2021, 08:21 PM   #256
Mr.Coffee
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Quote:
Originally Posted by RichieRich View Post
It's been quiet on this thread for 2 weeks... and now we have the next big announcement for Calgary O&G that guaranteed will result in more folks on the street. Arc Resources and 7Generation combining.



https://www.7genergy.com/investors/a...ic-combination
There’ll be some layoffs here but not as many as other combinations because they don’t have a ton of operations overlap. You’ll still maybe get some office efficiencies maybe.

Hearing IPL and North River combining but that’s rumour and also there will be a pile more layoffs from TORC after Whitecap closes that deal.

Basically this whole year is spurring a ton of M&A which translates to cuts. Still, the environment is looking more positive into the future I think now than it did.
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