Nexen confirms Canada-wide layoffs
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Nexen confirms Canada-wide layoffs

Last Updated Mar 1, 2016 at 12:34 pm MST

Calgary-based Nexen Energy confirms it is laying off people right across the country.

In Canada, 120 people have been slashed from the workforce but it’s not clear how many of those positions are in Calgary.

A Nexen spokesperson made the following statement in an email to 660 NEWS on Tuesday.

“Given the current economic reality, we have made the difficult decision to reduce our workforce. These changes impact approximately 120 Canadian employees. We take these decisions seriously, and all impacted employees have been treated fairly and with respect.”

Last March, Nexen cut 340 staff in North America and 60 at its U.K. North Sea operations after it made cuts to its spending program.

A number of oil-and-gas producers have announced layoffs recently as low oil prices have led to slashed spending plans for the year.

In February, producers including Husky Energy, Chevron, Statoil, Cenovus Energy, Encana and Devon Energy, as well as Trican Well Services, all announced further job cuts.

The Canadian Association of Petroleum Producers estimates that the industry cut 40,000 direct jobs last year.