ConocoPhillips lays off 500 workers

ConocoPhillips lays off 500 workers

ConocoPhillips lays off 500 workers Four hundred employees and 100 contractors are being laid off by oil firm ConocoPhillips the company said Tuesday. Most of the workers are from the Calgary office and the layoffs represent 15 per cent of the company’s Canadian workforce. The Globe and Mail reports that the layoffs will take effect mid-October.