 鲜花( 0)  鸡蛋( 0)
|
Suncor to lay off another 1,000 workers, n! t# S% S2 C! V/ \' ~0 O- l& A
Last Updated: Tuesday, January 12, 2010 | 06:03 PM EST
4 {& p( u* k3 }* l& W$ o! W' F0 ~# wCanwest news service
: q: M c/ X+ u/ x% `0 {8 d, m
( x% `' v0 t- ]4 ~CALGARY -- Calgary-based Suncor Energy plans to lay off another 1,000 workers this year as it continues to digest the assets of Petro-Canada picked up in a merger last fall.
( g0 d/ L: h. g: Z
( W$ T2 `/ v' WThe action, announced at an investor's conference in New York this afternoon, will double the staff reductions to 2,000.
2 Y( ^2 V+ B$ |( L0 t3 a
8 Z! ]$ x" n& j' e
1 z' [! r0 ^1 Y$ D3 T
. T- @ e. _, I2 }) l* I1 w9 W: n* u3 Z
/ g) w9 K: k5 T1 T Y"Where most of the synergies are coming from are reduction and workforce," said John Rogers, vice-president of investor relations, during a presentation to the BMO Capital Markets Unconventional Resource Conference.* r- r6 N% V4 E% c- e# ^9 v) B$ p
" f) u$ X% Y7 m& [) m6 E: k% ?: X, E; t& m V( A6 I) Y
"To date, we've laid off about 1,000 people. By the end of this year, 2010, we would expect we'd lay off an additional 1,000, which will bring us to a total of about 2,000 people laid off through the merger."
; N1 T5 V( A# {# v) L# |
! t% @: \1 N+ |. n* q8 k
- ]' Y {" y+ V$ J, w3 CMr. Rogers also said the company is doing a "total relook" at the Fort Hills oil sands project, a Petro-Canada project which at one time was estimated to cost more than $25-million.
# J% Z0 ~' L; @
/ I D) K2 q) E0 H. h! \, Q8 W; a
) n+ F# Y9 C$ O& {4 gSuncor recently announced the sale of a half-billion dollars worth of U.S. gas assets and expects this year to sell $2-billion to $3-billion worth of Canadian assets producing 360 million cubic feet per day of natural gas. |
|