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Calgary oil company issues hundreds of pink slips
Amy Stalker, CTV Calgary
Published Tuesday, February 9, 2016 4:03PM MST
Last Updated Tuesday, February 9, 2016 7:18PM MST
Slumping world oil prices continue to hit Calgary’s energy industry hard as more layoffs were announced Tuesday.
Husky Energy issued pink slips to 400 people arriving for work at the downtown office but there could be many more when cuts from their other locations are included.
These layoffs are coming just a few months after Husky eliminated 1,400 jobs in October.
At that time, more than 1,000 of those jobs were contractors but nearly 300 were full-time employees in the Calgary office.
Late Tuesday afternoon, Husky Energy’s media manager Mel Duvall sent a statement to CTV.
"These are difficult decisions and we will continue to take the steps necessary to ensure the company’s resilience through this cycle and beyond. We are not providing specific numbers.The staff reductions were across the company’s operations."
At one point, 4,000 people worked in its downtown office building located on the 700 block of 8 Avenue Southwest.