Suncor laying off workers in St. John's amid spending cuts
Suncor Energy is laying off workers in St. John's amid low oil prices, as the company reigns in spending for its 2015 budget.
The company confirmed in a statement Thursday it has issued layoff notices to a number of employees in St. John's, and other workers have already left in the last several weeks.
In January, Suncor announced it would cut around 1,000 jobs and implement an overall hiring freeze for "non-critical" roles.
"These departures are consistent with the information that the company released in mid-January and for the cost management reasons announced at that time," read a statement.
However, the company has not specified how many local workers are being cut.
Suncor has 600 employees in Newfoundland and Labrador.
Despite cutting jobs and spending, and deferring projects like the White Rose Extension on Newfoundland's offshore to cut capital spending by $1 billion, the company said it remains committed to the Hebron project.