Imperial Oil's Big Cuts: What It Means for Calgary's Workforce

This one caught our eye on Global News! Imperial Oil is making waves by planning to cut its workforce by 20% by the end of 2027. Based in Calgary, the oil giant had around 5,100 employees as of 2024. Ok, so what does this mean for Calgarians? Well, with such a significant reduction, many workers will be impacted. This decision could shake up the local job market, particularly for those in the energy sector. It's a reminder of the ever-evolving oil industry landscape right here in Cowtown. The changes are set to unfold over the next couple of years, so it's crucial for those in the industry to stay informed and possibly consider diversification in skills.

Get more info on this story at the source: https://globalnews.ca/news/11456881/imperial-oil-to-cut-workforce-20-by-end-of-2027/