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Has your office / company laid people off or are you expecting layoffs? PART 8 - Page 63 - Beyond.ca - Car Forums

View Poll Results: What is your current employment status?

Voters
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  • I was laid off and haven't found SIMILAR work yet

    11 5.67%
  • I was laid off and found a new job in the same industry

    13 6.70%
  • I was laid off and found a new job/career in a different industry

    11 5.67%
  • I'm still plugging along with the same company I've always been with

    97 50.00%
  • I quit my job and went elsewhere

    21 10.82%
  • We're all fucked

    42 21.65%
  • Other

    4 2.06%
Multiple Choice Poll.
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Thread: Has your office / company laid people off or are you expecting layoffs? PART 8

  1. #1241
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    Quote Originally Posted by spike98 View Post
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    In 2017 my company was bought. I was paid out and get a job in the new company. It was pretty much the best scenario that could have happened. There was months of worrying i was going to get the axe though.
    Haha damn pretty lucky, I've rolled through 2 purchases and now going through a separation.

    I'm in IT so I'm not tied to O&G, have just weathered all the storms for the past decade+ and have enjoyed working for this setup most of the time.

  2. #1242
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    Quote Originally Posted by ExtraSlow View Post
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    I don't think we are at the bottom yet.
    You stop that

  3. #1243
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    Quote Originally Posted by msommers View Post
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    Has morale every been good at husky since like 2010? I think most people stayed there for their juicy bonuses. I've heard of 100-150% salary bonus for some management, like that's bananas. That's a perk likely going away at Cenovus.
    I dunno, I worked at Husky for 7 years and I've never heard anything like that for normal employees up to VP's. They did have annual bonuses but more along the lines of 10-20% depending on performance. Pretty standard.

    Morale wise, it's been a mixed bag. Husky sold all of the conventional stuff during 2015-2018 timeframe so there were lots of layoffs associated with the asset sales. With that said, people working in Oil Sands, Thermal, AsiaPac, and Atlantic were largely unaffected and I'd go as far as saying the morale was quite good all through the downturn.

    It seems that people who complain the most about Husky either got laid off by them or have never worked there to begin with. Take it with a grain of salt.
    Last edited by engibeer; 01-20-2021 at 11:04 AM.

  4. #1244
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    Quote Originally Posted by 90_Shelby View Post
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    Sounds like a pretty normal night in a box to me. Were you expecting to simply watch the hockey game?
    Haha that was my exact thought

  5. #1245
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    I don't think I've ever puked at the hockey game. But the rest sounds pretty normal. Get drunk and rowdy and security kicks you out so you go to the casino.
    Quote Originally Posted by JRSC00LUDE View Post
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    ExtraSlow's feelings are valid and matter to me.

  6. #1246
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    Quote Originally Posted by nzwasp View Post
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    I dont know why anyone would do that with a 25% chance of getting massive money.
    Musical chair tends to have limited seats. You may get a bucket of money but seat may have been taken by someone else already.

    Or you don't get axe and get triple workload.

    Now I'm sure the decision is tougher for staff that had a decade+ into the service. And people who are retiring or soon be retiring anyway won't care and wait for payout.
    Last edited by Xtrema; 01-20-2021 at 11:18 AM.

  7. #1247
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    Quote Originally Posted by ExtraSlow View Post
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    I don't think I've ever puked at the hockey game. But the rest sounds pretty normal. Get drunk and rowdy and security kicks you out so you go to the casino.
    Is it even a night in a box if you don't get kicked out by security and then go to the casino after?

  8. #1248
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    Quote Originally Posted by lasimmon View Post
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    Is it even a night in a box if you don't get kicked out by security and then go to the casino after?
    No.

    I always thought this was par for the course.

  9. #1249
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    Quote Originally Posted by lasimmon View Post
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    Is it even a night in a box if you don't get kicked out by security and then go to the casino after?
    It's really not.
    Quote Originally Posted by JRSC00LUDE View Post
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    ExtraSlow's feelings are valid and matter to me.

  10. #1250
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    Quote Originally Posted by ExtraSlow View Post
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    I don't think we are at the bottom yet.
    Started at the bottom now we here. Started at the bottom now the whole crew fucking laid off.
    Quote Originally Posted by rage2
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    ...Last thing I want is someone reading my posts and losing their cock over it...
    Quote Originally Posted by Sugarphreak
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    Meh, they all look like Jackie Chan to me
    Quote Originally Posted by ExtraSlow View Post
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    Which one has best efficacy at enlarging my dank?

  11. #1251
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    Quote Originally Posted by schurchill39 View Post
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    Started at the bottom now we here. Started at the bottom now the whole crew fucking laid off.
    Word
    Quote Originally Posted by JRSC00LUDE View Post
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    ExtraSlow's feelings are valid and matter to me.

  12. #1252
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    Quote Originally Posted by engibeer View Post
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    I dunno, I worked at Husky for 7 years and I've never heard anything like that for normal employees up to VP's. They did have annual bonuses but more along the lines of 10-20% depending on performance. Pretty standard.

    Morale wise, it's been a mixed bag. Husky sold all of the conventional stuff during 2015-2018 timeframe so there were lots of layoffs associated with the asset sales. With that said, people working in Oil Sands, Thermal, AsiaPac, and Atlantic were largely unaffected and I'd go as far as saying the morale was quite good all through the downturn.

    It seems that people who complain the most about Husky either got laid off by them or have never worked there to begin with. Take it with a grain of salt.
    This sounds much more realistic.

    100% bonus is a fairy tale for anything other than C-suite jobs, law partners, consulting partners, and hedge funding/IB.

  13. #1253
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    Had a 100% retention bonus back in the day before @killramos had graduated. . Entire company got bought and got the same deal. Was crazy.
    Quote Originally Posted by JRSC00LUDE View Post
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    ExtraSlow's feelings are valid and matter to me.

  14. #1254
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    quadruple meat
    Quote Originally Posted by Gestalt View Post
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    Im the one with a learning disability....

  15. #1255
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    Quote Originally Posted by cjblair View Post
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    This sounds much more realistic.

    100% bonus is a fairy tale for anything other than C-suite jobs, law partners, consulting partners, and hedge funding/IB.
    did someone say salary?

  16. #1256
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    Quote Originally Posted by ExtraSlow View Post
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    Had a 100% retention bonus back in the day before @killramos had graduated. . Entire company got bought and got the same deal. Was crazy.
    That’s the way I want people to view me. Hard done by.
    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
    fact.

  17. #1257
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    Quote Originally Posted by killramos View Post
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    That’s the way I want people to view me. Hard done by.
    we know you have the cards stacked against you buddy.
    Quote Originally Posted by JRSC00LUDE View Post
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    ExtraSlow's feelings are valid and matter to me.

  18. #1258
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    Quote Originally Posted by engibeer View Post
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    It seems that people who complain the most about Husky either got laid off by them or have never worked there to begin with. Take it with a grain of salt.
    And when their spouse works there.

  19. #1259
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    Quote Originally Posted by nzwasp View Post
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    I also dont understand why they paid out the RSU/PSUs of all the cenovus employees. The cve symbol isnt going away, whether this is to give everyone a boost, or some other plan to change the way compensation is done in the future.
    There could be a "Change in Control" clause. Tell her to read the details of her RSU grants. A merger could be considered a change in control.

    Typical Change in Control clause:
    In the event of a Change in Control prior to the date on which the Participant is fully vested in the Restricted Stock Units, the Participant automatically shall become 100% vested in the Restricted Stock Units as of the date of the Change in Control. Acceleration of Vesting Upon a Change in Control.

  20. #1260
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    It would be a very questionable program if it didn’t have a change of control clause.
    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
    fact.

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