1.0
Apr 9, 2025
Current employee, more than 3 years
Toledo, OH
Recommend
CEO approval
Business Outlook
Pros
Cenovus sent a memo notifying employees of layoffs beginning April 7th and ongoing .
Cons
Stock price at historical low. Layoff memo sent. Existing employees to have to apply for new roles and relocate. Cenovus not experienced in U.S. refining as reflected in historically low stock price.