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Canada's Cenovus Energy to cut 15 pct more jobs

Published 2017-12-14, 06:15 a/m
Updated 2017-12-14, 06:20 a/m
© Reuters.  Canada's Cenovus Energy to cut 15 pct more jobs

© Reuters. Canada's Cenovus Energy to cut 15 pct more jobs

Dec 14 (Reuters) - Canadian oil sands company Cenovus Energy Inc CVE.TO said on Thursday it would cut an additional 15 percent of its workforce as it continues to reduce costs.

The company said in June that it expected to cut some jobs, but had not specified the scale. also said on Wednesday that it expects to produce between 483,000 to 510,000 barrels of oil equivalent per day in 2018.

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