Remove Ads
cenovus-news-layoffs_1637842888cSE7dz.jpeg

CENOVUS NEWS LAYOFFS

By Alex Pourbaix
Thu, 25-Nov-2021, 17:47

https://globalnews.ca/video/rd/26b5ee4a-6043-11eb-903d-0242ac110004/?jwsource=clMost of the hundreds of layoffs expected in the wake of Cenovus Energy Inc.’s takeover of rival Husky Energy Inc. have already been completed barely four weeks after the deal’s close but more cuts are coming this year and next, its CEO said Thursday.


STORY CONTINUES BELOW ADVERTISEMENT

“Bringing two companies together also inevitably means overlap and redundancies in a number of areas and roles across our business,” said on a conference call to discuss the newly merged company’s 2021 budget.


“We wanted to move quickly and respectfully to address this. Since Jan. 1, we have completed a significant portion of our planned workforce reductions, although there will be additional adjustments over the rest of the year and into 2022 as we continue our integration work.”

Tags:

#post
Remove Ads

Related Updates

GET TO KNOW CENOVUS

Welcome to Cenovus Energy Inc

CENOVUS NEWS RELEASES

CENOVUS ENERGY INC JOB OPENING AND RECRUITMENT

LAYOFFS FROM CENOVUS-HUSKY OILPATCH MERGER

Remove Ads

This site was designed with Websites.co.in - Website Builder

IMPORTANT NOTICE
DISCLAIMER

This website was created by a user of Websites.co.in, a free instant website builder. Websites.co.in does NOT endorse, verify, or guarantee the accuracy, safety, or legality of this site's content, products, or services. Always exercise caution do not share sensitive data or make payments without independent verification. Report suspicious activity by clicking the report abuse below.

Contact Site Owner
WhatsApp Google Map
✕

Safety and Abuse Reporting

Thanks for being awesome!

We appreciate you contacting us. Our support will get back in touch with you soon!

Have a great day!

Are you sure you want to report abuse against this website?

Please note that your query will be processed only if we find it relevant. Rest all requests will be ignored. If you need help with the website, please login to your dashboard and connect to support

Cancel Confirm

;