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Imperial Oil to cut workforce 20% by end of 2027


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Imperial Oil Ltd. announced plans on Monday to lay off 20 per cent of the company’s employees by the end of 2027. Imperial Oil had about 5,100 employees as of the end of 2024, according to a regulatory filing, but so far there’s no word on exactly how many people will lose their jobs or how the company’s ********* operations will be affected. Imperial owns and operates the Kearl oil sands…

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