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[Cliffy]

Talisman Energy Inc, Nexen Energy ULC fire hundreds of employees in ‘Bloody Tuesday’

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Claudia Cattaneo and Geoffrey Morgan | March 17, 2015 | Last Updated: Mar 17 6:30 PM ET

CCNMATTHEWS PHOTO/Talisman Energy IncNo one knows for sure whether oil prices have hit a bottom, but the smart money isn’t taking any chances



CALGARY – St. Patrick’s Day turned into “bloody Tuesday” in Calgary as major companies Talisman Energy Inc. and Nexen Energy ULC — both recently acquired by foreign operators — axed hundreds of employees, adding to the surge of energy sector jobs cut as a result of low oil prices.
Talisman, the international oil and gas producer that has been purchased by Spain’s Repsol SA, said 10% to 15% of its employees and contractors would be laid off this week, or about 150 to 200 of 1,300 Calgary head-office jobs that support its global operations.
“It’s a tough week, it’s a tough time for the industry, and the reality is that no oil and gas company is immune to low commodity prices,” said Brent Anderson, spokesman for Talisman.
Nexen, a subsidiary of China’s CNOOC Ltd., also announced 400 job cuts – 300 of them in Calgary. The job losses represent 14.5% of the company’s total Canadian head count.


More: Talisman Energy Inc, Nexen Energy ULC fire hundreds of employees in ‘Bloody Tuesday’ | Financial Post

 

[petros]

Talisman went to sh-t years ago and Nexen was just a place where spent Liberals went to die.

 

[damngrumpy]

But but Harper saved us remember? If a politician is going to take credit for
anything they must take the blame when things go wrong and boy have they
gone wrong. Don't hear the government talking about the economy anymore.
It is a tough choice though, Mulcair or Trudeau, won't vote Green or Tory so
the choice is one of the two or spoil my ballot
The worst is yet to come as Alberta cut their programs and ran lean now they
have no reserves to fight off hard times and hard times are upon them.

 

[Cliffy]

But but Harper saved us remember? If a politician is going to take credit for
anything they must take the blame when things go wrong and boy have they
gone wrong. Don't hear the government talking about the economy anymore.
It is a tough choice though, Mulcair or Trudeau, won't vote Green or Tory so
the choice is one of the two or spoil my ballot
The worst is yet to come as Alberta cut their programs and ran lean now they
have no reserves to fight off hard times and hard times are upon them.

Harpo is pushing terrorist fears to cover up this economic mess.

 

[petros]

What mess? The bullsh-t $100+bbl deal Martin signed on with OPEC went we bought 51% of Libya's oil through PetroCanada?

Would it have been better if we went into debt to pay for long overdue infrastructure in Western Canada?

 

[captain morgan]

Talisman Energy Inc, Nexen Energy ULC fire hundreds of employees in ‘Bloody Tuesday’

Both Nexen and Talisman are both foreign owned AND hold the majority of their production in nation's outside of Canada.

 

[petros]

Both Nexen and Talisman are both foreign owned AND hold the majority of their production in nation's outside of Canada.

Nexen used to be Wascana which used to be SaskOil. Check out who has ran it.

 

[taxslave]

Harpo is pushing terrorist fears to cover up this economic mess.

You are getting to be even funnier than DB. who thinks everything is a plot by joos.

Going to be hard to justify TFWs with these layoffs. Note that the layoffs all appeared to be office staff not workers.