Imperial Oil Layoffs 2025 — 900 Jobs Cut in Alberta, Canada
900
employees affected
Media Report
Calgary-based Imperial Oil announced plans to eliminate approximately 900 jobs, representing about 20 per cent of its workforce, in the coming years due to persistently low oil prices. The layoffs are part of broader cost-cutting measures across the Canadian oilpatch as companies attempt to stabilize their balance sheets amid a decline in crude oil prices from $70 US to less than $60 per barrel.
Key Facts
- Announced Date
- November 7, 2025
- Province
- Alberta
- City
- Calgary
- Industry
- Energy
- Laid Off
- 900
- Percentage
- 20%
- Company Type
- public
- Source
- News Media
Company Info
- English Name
- Imperial Oil
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