Cenovus to start widespread layoffs this week

By Mike Blanchard and 660 NEWS Staff

Posted Jan 26, 2021 7:05 am.

Last Updated Jan 26, 2021 7:06 am.

CALGARY (660 NEWS) – A Calgary energy company is expected to begin widespread layoffs Tuesday.

Cenovus Energy, which finalized a deal to buy Husky Energy earlier this month announced 2,100 jobs would be lost as a result of the mega-merger.

WATCH: Fallout of Cenovus-Husky mega-merger, and the trends to come

The layoffs account for roughly one-quarter of its workforce.

Many of the affected workers are expected to get their termination notice by phone call as they work from home.

The layoffs are anticipated over two phases with more to come in February or March.

Submit a Correction
Accessibility Feedback

Top Stories

Calgary building record number of purpose-built rental units: CMHC
Calgary building record number of purpose-built rental units: CMHC

Calgary is building more rental properties than ever before, according to the Canada Mortgage and Housing Corporation (CMHC).

53m ago

Alberta United Conservative Party members set to debate more transgender policies
Alberta United Conservative Party members set to debate more transgender policies

Alberta's United Conservative Party members are to debate policy resolutions related to transgender people and non-binary gender identifiers.

3h ago

Calgary police looking for man in 80s missing from Marlborough home
Calgary police looking for man in 80s missing from Marlborough home

Officers in Calgary need the public's help finding a man in his 80s missing from the Marlborough area Friday.

5h ago

Canada sees largest divide between highest and lowest wage earners: StatsCan
Canada sees largest divide between highest and lowest wage earners: StatsCan

StatsCan says the divide between Canada's highest and lowest earners is the farthest it's ever been, with numbers in Alberta more stark.

1h ago

Top Stories

Calgary building record number of purpose-built rental units: CMHC
Calgary building record number of purpose-built rental units: CMHC

Calgary is building more rental properties than ever before, according to the Canada Mortgage and Housing Corporation (CMHC).

53m ago

Alberta United Conservative Party members set to debate more transgender policies
Alberta United Conservative Party members set to debate more transgender policies

Alberta's United Conservative Party members are to debate policy resolutions related to transgender people and non-binary gender identifiers.

3h ago

Calgary police looking for man in 80s missing from Marlborough home
Calgary police looking for man in 80s missing from Marlborough home

Officers in Calgary need the public's help finding a man in his 80s missing from the Marlborough area Friday.

5h ago

Canada sees largest divide between highest and lowest wage earners: StatsCan
Canada sees largest divide between highest and lowest wage earners: StatsCan

StatsCan says the divide between Canada's highest and lowest earners is the farthest it's ever been, with numbers in Alberta more stark.

1h ago

Most Watched Today

0:35
Man in 60s shot and killed in Forest Lawn: Calgary police
Man in 60s shot and killed in Forest Lawn: Calgary police

Calgary police are investigating after a man was shot and killed Thursday night in Forest Lawn.

19h ago

2:00
Calls for social disorder at NE Calgary shopping plaza down since implementing new safety measures
Calls for social disorder at NE Calgary shopping plaza down since implementing new safety measures

Some northeast Calgary residents gathered Thursday evening, to discuss community safety at a popular shopping plaza parking lot that's been plagued by social disorder over the past year. Jayden Wasney reports.

2:02
Calgary newcomers to celebrate Thanksgiving for the first time
Calgary newcomers to celebrate Thanksgiving for the first time

Rayn Rashid talks to newcomers in Calgary at the Centre for Newcomers about a new holiday for them, Thanksgiving. 
0:43
One person dead following collision in NW Calgary
One person dead following collision in NW Calgary

Investigators believe a man in his 60s was crossing Charleswood Drive NW in an unmarked crosswalk when he was hit by a SUV, driven by a man in his 60s.
0:39
Woman dead after crash in SW Calgary
Woman dead after crash in SW Calgary

Investigators believe a car, driven by a woman in her 40s, was driving south on 24 Street SW approaching the intersection at Bridlecrest Way SW, when the car crossed the path of the bus, which was driving north.
More Videos