Suncor Energy to layoff up to 15% of workforce

Suncor Energy has announced plans to cut its workforce by up to 15% over the next 18 months, after crude oil demand has been reduced by the coronavirus pandemic, Kallanish Energy reports.

The company, with headquarters in Calgary, Alberta, said 5% of the workers will be cut in six months and another 10% to 15% within 18 months.

The move is expected to impact 1,950 non-union workers.

The company said its plan calls for voluntary buyouts, early retirements and layoffs in all company operations across Canada.

The company, Canada’s No. 2 biggest oil company, has about 13,000 workers.

Friday’s announcement led Alberta Premier Jason Kenney to call on Ottawa to help the province’s struggling energy companies.

Alberta, he said, is suffering an “economic emergency.”

This post appeared first on Kallanish Energy News.