100 upstream
100 downstream & corporate
60 EMIT (33%)
40 EMC
55 replies (most recent on top)
Doubtful. Those are the people selecting employees to lay off.
Hopefully that 33% EMIT will actually come from high cost, low value people
So, with an above field population of about 2500, this is a 12% cut in the relevant population.
Don’t consider wage and other operations and maintenance employees at the field sites in the base because they are not part of it (cuts in those job groups come from asset sales).
It is in the news now: 200 cuts out of 6000 work force
Imperial workforce was 6000 at YE 2019, including all field and wage folks. Between 40 and 50% are MPT, so this abut a 10 to 12% cut. After layoff, Headcount is still above 2017 headcount.
goto/canadaprogram
How many above field employees does Canada have? Exclude operations and maintenance employees in the field. The above field number is the appropriate denominator to assess the “real” size of the cut. This would include all of the Calgary office and professional types located at the sites. Is it about 2500? If so, that would be a 12% cut of the relevant population.
Lol. Just sell off imperial already. Not like they make that much anyway.
No voluntary option and no details on severance packages.
Because we have barely any employees as is.
Wtf? Why are all these numbers so low?
I can’t believe they’re not offering a voluntary option.
Is there a voluntary package option?
Looking at Heavy Oil and E. Canada it looks less than 3%. upstream.
This is about 5% of workforce?