Global Analysis from the European Perspective. Preparing for the world of tomorrow




Canada: Penn West, ConocoPhillips Layoffs: 900 Jobs Cut, Mostly In Calgary

A fresh wave of layoffs is hitting the energy sector as two oil and gas companies cut a total of 900 jobs, mostly in Calgary.Pe nn West Petroleum is cutting its workforce by 35 per cent for a loss of over 400 full-time employees and contractors. And ConocoPhillips Canada plans to lay off 400 employees and 100 contractors, for a 15 per cent workforce reduction.  Source Huffingtonpost 


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