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Bullboard - Stock Discussion Forum Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

TSX:HSE.PR.B - Post Discussion

Husky Energy Inc. cumulative redeemable preferred > What depts were layoffs? Trim the fat, including management
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Post by lashing on Oct 23, 2019 11:13am

What depts were layoffs? Trim the fat, including management

What divisions were the layoffs in? Retail? FInally a sale coming?

Really Husky doest need massive offices and "clerks". They are in maintain mode on skeleton operations so  ... doubt this shocked anyone. Management could be reduced as well. Big salarys in times like these is just wrong.
Comment by mrbb on Oct 23, 2019 3:34pm
don't worry, there are still some fat to trim.  Husky didn't cut as much as its peers back in 2015-2017. I think LKS thought oil price crash is recoverable like in the past oil crash & recovery. Now we all know this time is different. Seeing anti west liberal back in power, LKS can't wait anymore. I think husky is still very focus in heavy oil/oilsand and ...more  
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