Canadian energy giant Husky has announced new layoffs as oil prices continue to slide.
Husky Energy issued pink slips to 400 people at their downtown Calgary office on Tuesday, the same day the price of oil fell below US$28 a barrel – a price not seen in nearly 13 years.
The layoffs come just a few months after Husky cut 1,400 positions. Many of those jobs were contractor positions, but approximately 300 were full-time.
In a statement to CTV News, Husky spokesperson Mel Duvall said that the decision to cut staff was not taken lightly.
“These are difficult decisions and we will continue to take the steps necessary to ensure the company’s resilience through this cycle and beyond.”
Duvall also said that while they are not providing specific numbers, “the staff reductions were across the company’s operations.”
