TransCanada has announced another round of layoffs in Calgary — but the scope of the job losses is unknown.
One social media report said as many as 1,200 jobs were lost, but a company spokesperson would not confirm that.
“Falling oil prices and the current environment are having a profound impact on our customers and we must do all we can to drive down costs and pursue our projects more efficiently and strategically,” Mark Cooper, spokesperson for TransCanada said in an emailed statement.
“These changes are part of the significant transformation we are undertaking to make us a more nimble organization. Our goal is to ensure each one of our three business units – natural gas pipelines, liquids pipelines and energy – are able to make the decisions necessary to maintain competitiveness and maximize shareholder value.”
Cooper went on to say that the company intends to eliminate redundancies and inefficiencies that have been identified to make the company more effective moving forward.
The statement also does not identify what positions, or where the job were lost, but does say all managers, employees and contractors will be notified by the end of November.
“It is also critical that you understand that these adjustments are not related to any specific project or decision.”