This is something I heard from a contractor company holding a big support contract for Imperial Oil and ExxonMobil Canada. The contractor has been informed that their service will not be required anymore after 2028, since ExxonMobil will liquidate all assets in Canada. Is there any truth in this?
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Isn’t that the corporate plan? Half the FTEs get laid off so contractors could backfill the roles — what a brilliant cost‑saving strategy by IOL MC! It would also make it a lot easier to divest the upstream assets later once the FTE count is reduced.
Is the contractor "Worthless Parsons"?
What a stupid company that is.
@e3 cbre is being brought in to manage a bunch of facility services at Kearl so probably the cleaning contract is ending
Contracts end
Anything is possible.
Just be ready and don’t get comfortable at work.
There is a pretty much zero chance anyone who actually knows if this is true or not would tell this to a contractor. If this was the plan, there are maybe only a few dozen people that are in the loop, almost all in Houston, and they are all almost certainly extremely loyal and trusted senior employees who are under a confidentiality agreement.
global workplace strategy is EM driven, there would be no co-location into Edmonton if EM was planning to liquidate all assets in Canada
I can see engineering support moving to global business solutions but this has been happening for some time now.
Hard to believe. But, if any company can do such a thing, it will be ExxonMobil. Look at EM's history, and you will fund a lot of examples of such aciton.