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Imperial Oil plans 20% workforce cut over next two years in restructuring

Imperial Oil plans 20% workforce cut over next two years in restructuring

Imperial Oil plans 20% workforce cut over next two years in restructuring
Sep. 29, 2025 7:43 PM ETImperial Oil Limited (IMO) StockXOMBy: Carl Surran, SA News Editor
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Imperial Oil (NYSE:IMO) said post-market Monday that it plans to centralize additional corporate and technical activities in its global business, reducing employee roles by ~20% by the end of 2027, which it expects will result in a C$150 million
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