.
Yes, people have already been laid off but there will not likely be anymore layoffs
Yes, people have already been laid off and there will probably be more layoffs as well
No, no one has been laid off yet but there will likely be layoffs in the coming months
No, no one has been laid off yet and likely will not be any layoffs
Registered User
.
Last edited by Cos; 12-28-2016 at 03:22 PM.
Originally posted by adam c
Line goes up, line goes down, line does squiggly things and fucks Alberta"The stone age didn't end because we ran out of stones"
Registered User
...
Last edited by Sugarphreak; 08-13-2019 at 10:37 PM.
Registered User
The 1956 Chevy appears to be a 4DR 210 model.Originally posted by Cos
I don't mean to be a d-bag but it is pretty hard to be sympathetic when you're in one of the most well known jobs to be cut first, and you have what is arguably a $35,000 car and a brand new silverado in the driveway.
Probably worth $15,000 at best if mint. Who knows, maybe it was given to him by a relative that passed away.
Registered User
...
Last edited by Sugarphreak; 08-13-2019 at 10:37 PM.
Registered User
What does it pay and where do I applyOriginally posted by Cos
Fair enough and yeah that sucks. We have a drafter position coming up next week.
Chenglish is my official language
my brothers company mid size EPCM just had a town hall and they announced they looking for 3D drafters and designers like 5-6 of them. that was some good news..........OT for everyone.....and they looking for resumes now.
but I can imagine they will have a flood of resumes within the week after that announcement, anyone in this industry knows a handful of drafters out of work.
Last edited by gkAeris; 05-29-2015 at 09:23 AM.
please don't flame me, or i'll have to learn how to use the ban button
Registered User
They didn't breach...YET, unlike Lightstream, they might actually be a CPG take out target as well. They were close but I think they managed to avert it.Originally posted by Feruk
Solid asset base, yes. Properly executed, no. The process for a major is significantly different from a junior. I've worked for both. The scrutiny and attention to detail is lower at a junior.
Legacy hadn't gone under, but they were gonna breach debt covenants (if they hadn't already, I'm not sure). Price was the biggest driver of their failure, agreed. I think we're saying something similar. You're saying debt is what got them in trouble, which I agree with 100%. What I'm saying is it was poor asset management that got them that debt.
There's boatload of companies in this position though, Lightstream, Longrun, Surge, MEG...curious to see how they make it through all of this.
Registered User
Heard Transcanada let go of some contractors today. Not sure about employees
Registered User
As expected, business community is pausing on announcing investments pending royalty review. NDP need to get it over with and show their cards so accountants can crunch the numbers before everyone get jobs back, if any at all.Originally posted by Sugarphreak
I do have to apologize for the snapping with the spiteful comment, I am just starting to go into panic mode in the realization that things are not going to get better for at least a year, if not more.
So look like 2016 Summer would be the earliest unless oil spikes back to $100 in short time.
Registered User
Jesus. I'm good right now but I can see full panic mode starting to erupt come late fall this year after I'm done with both classes and farming. Fuck it's an abysmal job market right now for anybody outside of the construction related trades. Urgh....
"The music business is a cruel and shallow money trench, a long plastic hallway where thieves and pimps run free, and good men die like dogs. There's also a negative side"
AMG Killer
The place I just started working at as a project manager is dying for good people.
We really need someone to manage our electrical department. We do mostly panel work. Looking for an industrial electrician/controls tech with management/supervisor/lead hand experience. Also needs to know code.
95% of our work is plc controlled hvac units, all custom.
Shoot me a pm or email if your interested!
Our electrical drafter is shit too, need to replace him.
We need a CWB B pressure welder to. I think we found a guy but he will have to pass tests at sgs Ludwig so that is also not a sure thing yet.
Machining, Fabricating, Welding etc.
Registered User
The government and royalty review are not what's been causing layoffs. The review is to start in 6 months, and probably last 6 months, and then industry will have time to adjust. So we're 1.5 to 2 years away from an increase. Royalty incentives on new wells usually only last 18 months, so the talk of "reduction due to royalty review" is just fear mongering for now. I'm sure when royalties and taxes are announced, we'll see reductions.Originally posted by Xtrema
As expected, business community is pausing on announcing investments pending royalty review. NDP need to get it over with and show their cards so accountants can crunch the numbers before everyone get jobs back, if any at all.
There are calls for the most consolidation we've seen in years. My guess is the bloodbath will be even worse for service companies. People like Trashcan won't be around in a couple years.Originally posted by bigboom
There's boatload of companies in this position though, Lightstream, Longrun, Surge, MEG...curious to see how they make it through all of this.
Registered User
...
Last edited by Sugarphreak; 08-13-2019 at 10:38 PM.
Chenglish is my official language
my uncle left Alberta for a civil drafting job in Vancouver, pay is like %50 of what he was making previously, but he knew nothing is going to happen anytime soon in Calgary. He literally just picked up and left his wife and kids here and is staying with family their until the economy here picks up!Originally posted by Sugarphreak
So I think my Vancouver options have now fallen through.... apparently Albertans have this stigma of being overpaid and lazy, and I think my applications have been poorly received because of that.
So what is left.... Winnipeg? *Sigh*
I don't think its that bad, but yes will be a big pay decrease
Registered User
perhaps mention that you're originally from B.C. ? You never know...it might help. I'm kind of worrying about that stigma myself when we move to the oakanagan.Originally posted by Sugarphreak
So I think my Vancouver options have now fallen through.... apparently Albertans have this stigma of being overpaid and lazy, and I think my applications have been poorly received because of that.
So what is left.... Winnipeg? *Sigh*
Registered User
...
Last edited by Sugarphreak; 08-13-2019 at 10:38 PM.
I don't know what you do, but are there any opportunities with Potash or Agrium in SK? Or do they keep all their white collar jobs in Alberta?
Registered User
Thats a result of your first point. People assume if you are over-qualified you will jump ship at the first opportunity. It sucks but it's a fair assumption.Originally posted by Sugarphreak
It is kind of embarrassing that I've been rejected for jobs I could basically do in my sleep.
It's like: If I'm an engineer and can't find work so I decide to work at Starbucks to pay the bills why I keep looking, you can be sure the second I get a real job offer I'm gone.
On another note: Our office has weathered the downturn decently so far. We had downsized a bit in 2014 before things slowed down and we're still wrapping up some huge projects that are too far along to stop. Things are going to get ugly in July/August though as two of our bigger projects that probably ~half our office is on are done.
Registered User
...
Last edited by Sugarphreak; 08-13-2019 at 10:38 PM.
Registered User
If anyone is interested in Oil Field services and has a class 1 send me a PM. We are once again hiring field staff like crazy.
Posting Permissions
Quote