Suncor Layoffs

• Employees often ‘collateral damage’ when activist investors come calling

  Experts say the 1,500 job losses at Suncor that were made public Thursday are an example of the type of "collateral damage" that can occur when an activist investor comes calling.

  Canada

  Jun 2, 2023
  
• Calgary-based Suncor cutting 1,500 jobs by end of year

  Suncor Energy Inc. says it is cutting 1,500 jobs by the end of the year in an effort to reduce costs and improve the company's lagging performance.

  Canada

  Jun 1, 2023
  
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• Suncor Energy to layoff 10-15% of workforce over next 1.5 years

  Premier Jason Kenney called the news "very disturbing" and said it could affect about 2,000 Albertans.

  Economy

  Oct 2, 2020
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• Union outcry as automation eats up 400 oilsands jobs – and it’s just the beginning

  While experts cite numerous benefits to autonomous vehicles, including safety and environmental benefits, many fear driverless technology is a threat to several professions.

  Canada

  Feb 1, 2018