Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!

Merger to trigger layoffs: Suncor CEO

Ally

Research Assistant
Registered
Joined
Mar 24, 2009
Messages
16,743
Today`s oilpatch megamerger will trigger an untold number of layoffs as Suncor seeks to cut $300 million in yearly operating costs after it unites with Petro-Canada, Suncor CEO Rick George said this morning.

A trim of even two per cent of the workforce of the newer, bigger Suncor would mean hundreds of job losses. George said no "head count" for cuts has yet been figured out.

Read the full article here.
 
Back
Top Bottom