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Imperial Oil to cut 20% of workforce by 2027 amid restructuring

Imperial Oil announced Monday a looming 20 per cent workforce reduction by 2027 and a major corporate shift from Calgary to Edmonton.

Isaac Lamoureux, True North
Oct 01, 2025
∙ Paid

Source: Rawpixel

Imperial Oil announced Monday a looming 20 per cent workforce reduction by 2027 and a major corporate shift from Calgary to Edmonton.

In a Monday press release, Imperial anticipates saving approximately $150 million in expenses by 2028, with “larger benefits expected over the longer term.” Despite the cuts, the company remains committed t…

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