Cenovus, Husky confirm up to 25% headcount reduction as oilpatch layoffs continue

CALGARY – Another 2,150 workers are set to lose their jobs in Canada’s ever-shrinking oilpatch after Cenovus Energy Inc. and Husky Energy Inc. confirmed Tuesday their blockbuster merger would mean a 20 per cent to 25 per cent headcount reduction. Both companies confirmed Tuesday that most of the job losses will occur in Calgary, where the local unemployment is already elevated at 13.1 per cent, according to Statistics...