CTV News has learned upward of 1,000 positions are being eliminated in the second edition of a workforce reduction as a result of the acquisition of Husky by Cenovus Energy. The notices were being handed out in two shifts on Tuesday, with the first taking place in the morning and the second in the afternoon. CTV has secured documents indicating the total number of Tuesday layoffs was expected to be between 800 and 1,000. Calgary-based Cenovus has not confirmed how many workers were relieved of their roles on Tuesday but the acquisition was expected to result in a reduction of between 20 to 25 percent of the combined workforce of the two companies of approximately 8,600 employees and contractors.
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The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source. We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.