The latest announcement is out from Imperial Oil ( (TSE:IMO) ).

Imperial will “consolidate activities to its operating sites” and enhance its operational focus, the company said in statement Monday. The cuts are anticipated to reduce annual expenses by C$150 ...

Calgary, widely known as the headquarters city for Canada’s oilpatch, already leads the country with the highest office vacancy rate — 20 per cent — the legacy of an oil price glut in 2014 that ...

Calgary-based Imperial Oil says it will be eliminating 20 per cent of its workforce by the end of 2027.

John Whelan, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial ...

Imperial Oil (Imperial) is set to reduce its workforce by 20% by the end of 2027, according to BNN Bloomberg.

Imperial Oil Ltd. announced plans on Monday to lay off 20 per cent of the company’s employees by the end of 2027. Imperial ...

CIBC analyst Dennis Fong downgraded Imperial Oil (IMO) to Underperformer from Neutral with a C$110 price target Published first on TheFly – the ...

Canada's Imperial Oil said on Monday it would cut its workforce by about 20% by the end of 2027, part of a major restructuring that would eventually shutter most of its presence in the oil-and-gas ...

Imperial Oil will cut 20% of its workforce and restructure operations to prepare for an anticipated global crude oversupply ...