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Topic starter
This surely is a coconut telegraph question.
Has anyone else heard of a big EDC company in STT issuing a closing in less than 90 days notice to all its employees? In recent years this was one of the largest employers here.
Posted : June 25, 2014 5:41 pm
Do tell...who could it be?
Posted : June 25, 2014 8:48 pm
Must have been ScotiaBank on STT/STJ.
Posted : June 26, 2014 12:13 pm
Scoiabank is not an EDC beneficiary.
Posted : June 26, 2014 12:43 pm
Glacial Energy
Posted : June 26, 2014 8:23 pm
Topic starter
Thank You - I had heard that Glacial Energy was closing down the VI operation and was hoping it was a rumor - [which I wasn't going to spread about without some kind of confirmation] - so this is a true fact??
Posted : June 27, 2014 4:32 am
asking a question is not spreading a rumor.
Posted : June 27, 2014 12:32 pm
I don't work there so nothing is fact, I do believe it is so. Certainly spreading a rumor of a fellow islander's misery isn't the intention. I only said it in case one of you are an outside contractor or vender to them. So you can ask questions. This is a tough time to be left holding the bag. Even if it is a small one.
Posted : June 27, 2014 1:47 pm
Glacial Energy has declared bankruptcy.
Heres a link to Bloomberg...
http://www.bloomberg.com/news/2014-04-10/glacial-energy-holdings-seeks-bankruptcy-seeking-sale.html
Posted : June 27, 2014 3:50 pm