Layoffs in the Oil Patch 3

[Paulie Walnuts]

Danielle Smith hard at work.

[you&me]

Originally Posted by Faust

Suncor to slash 1,500 jobs amid cost-cutting plan:

https://www.cbc.ca/news/canada/calga...offs-1.6862758

Quick, someone tell Suncor the NDP didn't win the election.

[LanceUppercut]

Originally Posted by Faust

Suncor to slash 1,500 jobs amid cost-cutting plan:

https://www.cbc.ca/news/canada/calga...offs-1.6862758

The email I saw makes it sound like the majority of these 1500 are going to be head office type positions. Lots of middle managers will likely be shown the door.

[Tron_fdc]

Originally Posted by you&me

Quick, someone tell Suncor the NDP didn't win the election.

Kinda scary to imagine if they did.


UCPers would be buying up Viking hats and storming the capital.

[ripTDR]

Originally Posted by Paulie Walnuts

Danielle Smith hard at work.

Nobody's blamed Justin yet?

[GGG]

1st quarter prices were down significantly compared to last year so got to maintain that dividend.

[EldrickOnIce]

Probably 1500 lost jobs is less amusing than some of you really clever people think it is.

[Ozy_Flame]

Originally Posted by ripTDR

Nobody's blamed Justin yet?

It's always everybody else's fault except natural market forces.

[Monahammer]

Their CEO telegraphed this move like a month ago. But it's a pretty deep cut and sucks a lot. Boom bust cycle will continue in Alberta.

[fotze2]

Some stupid #### that this is Danielle related because I am yoho.

[Yoho]

Originally Posted by fotze2

Some stupid #### that this is Danielle related because I am yoho.

Me use words make sentence.

[fotze2]

Originally Posted by Yoho

Me use words make sentence.

I was pro yoho there buds. You’ll get it

[Doctorfever]

Originally Posted by LanceUppercut

The email I saw makes it sound like the majority of these 1500 are going to be head office type positions. Lots of middle managers will likely be shown the door.

Paging AHS… perhaps they could lose a few middle management positions and hire more nurses and doctors.

[Wormius]

Originally Posted by Yoho

Me use words make sentence.

If that isn’t a prime custom user title, I don’t know what is.

[Bill Bumface]

$4B burning a hole in their pocket for Surmont, then boom... 1500 nuked. I got so burned out by this crap that I left O&G forever. I'm sure I'm not alone.

All these companies that state "the most important thing is our people", yet you're in an industry where everyone produces the exact same thing. The most important thing is literally spending less on people.

[Ozy_Flame]

It's important never to give your undying, unwavering loyalty to any company in O/G or any other industry. The minute they have to pinch pennies or change direction, you're going to get benchmarked for ROI. And 1500 jobs didn't have the ROI to keep them around.

Corporations will never pick you over their own operational success. Jobs are simply a means to an end.

By the way, tax cuts do not guarantee jobs. Not in an automation/AI/digital age.

[Muta]

Originally Posted by Bill Bumface

$4B burning a hole in their pocket for Surmont, then boom... 1500 nuked. I got so burned out by this crap that I left O&G forever. I'm sure I'm not alone.

All these companies that state "the most important thing is our people", yet you're in an industry where everyone produces the exact same thing. The most important thing is literally spending less on people.

Bingo. That's why I don't work in O+G. I love and support the industry wholeheartedly, but man is it vicious and cutthroat when it comes to ebbs and flows within it. I work in an industry that has tentacles outside of Alberta (and one that is super fun to work in on a daily basis too), so when the economy goes to #### in this city, I can still work on projects outside of the province. There's a piece of mind involved with it too, even at the sacrifice of higher compensation.

[iggy_oi]

Originally Posted by Bill Bumface

All these companies that state "the most important thing is our people", yet you're in an industry where everyone produces the exact same thing. The most important thing is literally spending less on people.

You’re absolutely right but to be fair this isn’t exactly a mindset that is exclusive to only the O&G sector

[RichieRich]

Recently I laid off the company I was working for. More than one individual crossed my boundaries, threw me under some buses, and then expected me to agree it was ok. Far far too much stress and impact to mental health which nobody needs. Company was great with lots of awesome folks otherwise. Thankfully a quick exit strategy was self-initiated and able to pursue readily available options. In some ways it's easier to go on your terms versus getting laid off. In some ways having the bandaid ripped off is also easier. Said based upon my own experiences during my career where I've experienced both several times.

[iggy_oi]

Originally Posted by RichieRich

Recently I laid off the company I was working for.

Did you give them their severance or notice in lieu?

Thankfully a quick exit strategy was self-initiated and able to pursue readily available options. In some ways it's easier to go on your terms versus getting laid off. In some ways having the bandaid ripped off is also easier. Said based upon my own experiences during my career where I've experienced both several times.

It sucks that you were put in a bad situation that forced you to quit your job and while I’m glad it worked out well for you, with only a finite number of available jobs out there it’s obviously not always going to be the case. In those cases it’s nice to have the ability to address the problem without having to give up your job. Unfortunately right now the labour and employment standards codes provide very few options to the majority of workers in this province dealing with these types of situations.