Has your office / company laid people off or are you expecting layoffs? PART 8

[flipstah]

Suncor Ontario offices moving to Calgary. Neat.

[Xtrema]

This quote is hidden because you are ignoring this member. Show Quote

Suncor Ontario offices moving to Calgary. Neat.

700 positions, wonder how many will be willing to move and how many of those jobs actually materialize here. I bet Suncor expecting a lot of staff can't and would just be let go.

If they are sitting on an average detached house in Oakville/Sauga, they can buy 3 detached homes in Calgary.

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

700 positions, wonder how many will be willing to move and how many of those jobs actually materialize here. I bet Suncor expecting a lot of staff can't and would just be let go.

If they are sitting on an average detached house in Oakville/Sauga, they can buy 3 detached homes in Calgary.

Suncor had previously announced 5% layoffs over the next 6 months and 10-15% over the 12 months after that. So this may be a chunk of those jobs.

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

700 positions, wonder how many will be willing to move and how many of those jobs actually materialize here.

If Suncor gives them a choice to relocate, might not be bad if the family can do it. They typically will help sell their home, buy new home in Calgary, and a big chunk of relocation costs.

[flipstah]

This quote is hidden because you are ignoring this member. Show Quote

700 positions, wonder how many will be willing to move and how many of those jobs actually materialize here. I bet Suncor expecting a lot of staff can't and would just be let go.

If they are sitting on an average detached house in Oakville/Sauga, they can buy 3 detached homes in Calgary.

If they offer you to move, but you don't take it or cannot take it... Do you quit? Or do you get packaged out?

I don't know as I've never faced this issue before.

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

If they offer you to move, but you don't take it or cannot take it... Do you quit? Or do you get packaged out?

I don't know as I've never faced this issue before.

I'd guess packaged out. Your current position ends but they make available other opportunities. So severance or new position + relocation allowance I'd guess.

[engibeer]

This quote is hidden because you are ignoring this member. Show Quote

My guy at Cenovus has been doing some math. Current headcount is 5000 at husky and 3000 at Cenovus. Husky has about twice as many employees per barrel production.
Total job reductions of 2000 to 2500, with heavy majority from Husky.

Any finance/accounting/IT/corporate planning/supply chain folks should be prepared to be laid off.

Pretty accurate math. Looks like the confirmed number is ~2,150 from the combined ~8,600 full time and contractor head count between the two companies.

https://calgaryherald.com/commoditie...1-f4e5e610adfa

Added: https://www.cbc.ca/news/canada/calga...ergy-1.5778474

[nzwasp]

New position and relocation sound good but they often come with clauses that you cant leave for a couple of years or so regardless of what happens to your position and if you do then you have to pay back some or all of the relocation allowance.

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

New position and relocation sound good but they often come with clauses that you cant leave for a couple of years or so regardless of what happens to your position and if you do then you have to pay back some or all of the relocation allowance.

I'm sure no one in the oil patch is going to be worried about paying back the relocation allowance.
If anything, it's almost like more job security.
And if they lay you off after relocating you, you don't need to pay any of that back.

[nzwasp]

So a friend of ours got relocated to Calgary from Hamilton. Sounded like a sweet deal until his salary got cut 20% a couple of years back. He was told to suck it up or pay back 30K in relocation fees and find something new.

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

So a friend of ours got relocated to Calgary from Hamilton. Sounded like a sweet deal until his salary got cut 20% a couple of years back. He was told to suck it up or pay back 30K in relocation fees and find something new.

Yeah but was his salary going to get cut 20% regardless? Seems like 2 separate events unless he had a choice in the matter.

[killramos]

This quote is hidden because you are ignoring this member. Show Quote

So a friend of ours got relocated to Calgary from Hamilton. Sounded like a sweet deal until his salary got cut 20% a couple of years back. He was told to suck it up or pay back 30K in relocation fees and find something new.

Sounds like your friend needs a better lawyer

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

Sounds like your friend needs a better lawyer

Yeah, should be grounds for dismissal without having to pay it back. Shoulda left.

[ExtraSlow]

This quote is hidden because you are ignoring this member. Show Quote

Pretty accurate math. Looks like the confirmed number is ~2,150 from the combined ~8,600 full time and contractor head count between the two companies.

I am always accurate.

[schurchill39]

This quote is hidden because you are ignoring this member. Show Quote

I am always accurate.

ish. You're always accurate-ish.

[mr2mike]

ExtraSlow-ish

[g-m]

This quote is hidden because you are ignoring this member. Show Quote

FTFY and also, no.

I am, I enjoy it and find the work interesting

[ExtraSlow]

The percentage of "interesting" in my job has been going down steadily since 2013. $/hr has been going down nearly that long too.

[SKR]

The percentage of "if you guys in town are so smart then why the fuck am I here" in my job has had a tremendous increase. And since I tell them that at inopportune times the percentage of "yeah why are you here" has matched that increase step for step.

[killramos]

Tourmaline to Acquire Jupiter.

Can’t imagine they keep many staff.