TC Power Corp. has minimize an unspecified variety of jobs, primarily in Calgary and Houston, the pipeline firm confirmed Wednesday.
An organization spokesperson stated in an emailed assertion the layoffs relate to TC Power’s beforehand introduced plans to combine its Canada, U.S. and Mexico pure gasoline pipelines enterprise items.
The brand new job cuts are along with a previous spherical of layoffs confirmed by TC Power final June.
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TC Power is simply the newest firm to announce layoffs amid a wave of job reductions at Canadian power corporations.
Competitor Enbridge Inc. not too long ago accomplished a 650-person headcount discount that it blamed on larger rates of interest, financial uncertainty and geopolitical developments.
Oilsands big Suncor Power Inc. additionally not too long ago wrapped 1,500 job cuts as a part of a wider effectivity push by new CEO Wealthy Kruger.
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