Canada’s Suncor Energy to cut up to 15% of jobs as pandemic crushes oil demand

WINNIPEG, Manitoba/TORONTO (Reuters) – Suncor Energy , Canada’s second-biggest oil company, told employees on Friday it would cut its workforce by up to 15% over the next year and a half, and by 5% in the next six months, as pandemic travel restrictions crushed crude demand, two sources confirmed.

The sources did not have permission to speak publicly. Dirk Tolman, chair of a Unifor union local representing Suncor workers, said Suncor Chief Executive Mark Little addressed employees and said the company would need to cut expenses.

(Reporting by Rod Nickel in Winnipeg, Manitoba and Jeff Lewis in Toronto; Editing by Steve Orlofsky)