ConocoPhillips and Cenovus deal leads company to lay off 300

by 660 NEWS Staff Posted May 4, 2017 7:02 am MDT Last Updated May 4, 2017 at 7:03 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email ConocoPhillips will be laying off 300 Alberta workers weeks after announcing the sale of its oilsands assets to Cenovus.The $17.7-billion blockbuster deal also turned over its natural gas plays.“These reductions are required to align our resources with our more focused and smaller company resulting from the Cenovus transaction,” a spokesperson said.The layoffs, which are concentrated in Calgary, began this week and all affected employees should be notified by May 15. ConocoPhillips and Cenovus deal leads company to lay off 300

Leave a Reply

Your email address will not be published. Required fields are marked *