WINNIPEG/TORONTO (Reuters) – Suncor Energy SU.TO, Canada’s second-biggest oil company, said on Friday it would cut its workforce by up to 15% over the next year and a half, as pandemic travel restrictions crushed crude demand.
The reductions will affect some 2,000 non-union jobs, said Scott Doherty, a spokesman for the Unifor union.
The spread of the coronavirus has slowed economies worldwide, grounding flights and limiting road travel, resulting in weak oil prices. Canadian energy companies have also suffered from scarce capital due to chronic pipeline congestion and high emissions.
The job cuts will range from 10% to 15% over the next year to 18 months, and include attrition, voluntary severance and early retirements across all of its locations, spokeswoman Sneh Seetal said. Some 5% of the