Husky let go of 400 today in St. John's. Anyone have info?
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
I WAS laid off, but have since found other employment
I WAS laid off, still looking
Husky let go of 400 today in St. John's. Anyone have info?
"The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."
-H.P. Lovecraft
Sorry to hear, eblend.
I know first hand what that felt like and I hope your mom bounces back ASAP!
I know we joke around, but this is real and it's hitting everyone.
It's alright, I will help as much as I can. I am luckily still employed (contractor in a non-oil and gas field) and they want to hire me full time, or so they say, so we will see. Left my cushy government job at the wrong time haha.Originally posted by flipstah
Sorry to hear, eblend.
I know first hand what that felt like and I hope your mom bounces back ASAP!
I know we joke around, but this is real and it's hitting everyone.
http://www.cbc.ca/news/canada/calgar...loss-1.3443587
Cenovus Energy Inc. says it's planning to reduce its workforce further this year and take other moves to cut $400 million to $500 million from its costs while it rides out a rough period of low oil and gas prices.
Among other things, it's aiming to cut operating and administrative costs by $200 million, through unspecified workforce cuts and lower cash compensation for its five highest-paid executives.
Its revised capital budget has also been lowered to between $1.2 billion and $1.3 billion, which is down $200 million to $300 million from the previous announcement. It's also 27 per cent less than 2015 and 59 per cent lower than 2014 levels.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
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How there's gold in pre-cambrian rock?! A town full of geologists and everyone believes it. Sheeple.Originally posted by flipstah
I learned about them in a text book.
Shows how old I am lol.
There isn't 400 in that office. I'll reach out to who I know and see what's up.Originally posted by Darkane
Husky let go of 400 today in St. John's. Anyone have info?
Must be false. It was a word of mouth thing.Originally posted by SkiBum5.0
There isn't 400 in that office. I'll reach out to who I know and see what's up.
"The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."
-H.P. Lovecraft
...
Last edited by Sugarphreak; 08-15-2019 at 02:54 PM.
Suncor announced a rollback of all independent contractors' rates by 20%.
And it's right across the board, which is asinine because the lower paid contractors are going to get screwed. I've got two friends who are not making bank (under $50/hr) who are livid about it.Originally posted by bigbadboss101
Suncor announced a rollback of all independent contractors' rates by 20%.
Better than losing your job, but 20% is a massive chunk of change to forfeit
If I took a 20% cut to my hourly rate, I'd start applying at McDonald's.
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That's not terrible. Contractors at $50 would have to suffer with 83k instead of 104k.Originally posted by LilDrunkenSmurf
If I took a 20% cut to my hourly rate, I'd start applying at McDonald's.
Cut out a trip and eat in.
"The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."
-H.P. Lovecraft
It's essentially what we took last year when things first started heading down the tubes. What it came down to was "take it or quit, someone else will work for it."Originally posted by LilDrunkenSmurf
If I took a 20% cut to my hourly rate, I'd start applying at McDonald's.
You're assuming a 40 hour work week.Originally posted by Darkane
That's not terrible. Contractors at $50 would have to suffer with 83k instead of 104k.
Cut out a trip and eat in.
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No doubt, but I'd sure rather be making 30/hr (62k) from 36/hr (74k) and still have a friggin' job, rather than go straight to goose-egg. Would they be 'livid' about not working anymore too? Sucks for sure and I'm glad I haven't seen any rollbacks yet, but it sure could be a lot worse right?Originally posted by nicknolte
And it's right across the board, which is asinine because the lower paid contractors are going to get screwed. I've got two friends who are not making bank (under $50/hr) who are livid about it.
Better than losing your job, but 20% is a massive chunk of change to forfeit
Originally posted by scat19
I have a BMW so im not stupid.
Tell you the truth, they are probably one of the last one to do it.Originally posted by bigbadboss101
Suncor announced a rollback of all independent contractors' rates by 20%.
And again, I expect 80-90% of contractors will stay. And I assume contractors that were signed as part of a bigger contract won't be impacted.
Doesn't matter the work week, if you are a trade/contractor, you are probably on 2on/2off or 1on/1off.Originally posted by LilDrunkenSmurf
You're assuming a 40 hour work week.
There is a difference of maybe 100 hours between those shifts and a 40 hour work week.
So yes, $80k per year is definitely better than a kick in the ass. Hell, that would still be moving UP the payscale for me (not including OT I guess). Glass is half full?
True a 20% cut is better than getting let go outright. Now say when oil goes back $60 would it be justified for people to ask for increases? At $80?
Interesting the announcement came out Friday afternoon ahead of the Family Day long weekend.
We took up to a 50% cut in the directional drilling field.Originally posted by LilDrunkenSmurf
If I took a 20% cut to my hourly rate, I'd start applying at McDonald's.
As well as a 70% cut in hours
I can eat more hot wings than you.
Anyone who's livid with a pay cut in this climate needs to give their head a shake and be glad they haven't been axed yet haha.