daftandbarmy
Army.ca Fossil
- Reaction score
- 40,786
- Points
- 1,160
This wont play out well, for a company that posted an 8.5B profit last year to cut 900 people in two years and essentially pull out of calgary. This is a major blow
![]()
‘Deeply disappointed’: Ottawa reacts to Imperial Oil plan to cut 20% of Calgary workforce by end of 2027
Imperial Oil is planning to slash about 20 per cent of its workforce by the end of 2027 as part of a restructuring plan.www.ctvnews.ca
And probably just the start of a trend ...
ExxonMobil to cut 2,000 jobs worldwide amid restructuring plans
Faced with a slump in global crude oil prices as the OPEC+ group of oil producers has increased output, energy companies have announced thousands of job cuts this year to rein in costs while they contend with lower profits.

ExxonMobil to cut 2,000 jobs worldwide amid restructuring plans | Globalnews.ca
A day after Calgary-based Imperial Oil announced plans to slash its workforce by 20 per cent, its parent company, ExxonMobil, also announced deep job cuts.