Oilpatch pain persists

Cenovus to cut 300 to 400 more jobs this year

THE CANADIAN PRESS
BUSINESS


Cenovus Energy says 300 to 400 workers will be let go from its Calgary office by year end as hopes for a quick recovery in oil prices evaporate. The cuts announced Thursday are on top of 800 positions Cenovus eliminated in February. “It is always...

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