June 18, 2019 / 8:00 PM / a year ago

EXCLUSIVE-Spain's Repsol cutting Canadian staff by about 30% after global restructuring

NEW YORK, June 18 (Reuters) - Spanish oil company Repsol SA is cutting about 30% of its Canadian workforce, following a global restructuring process, the company confirmed in an emailed statement on Tuesday.

“Repsol is constantly evaluating our activity and organization to drive continuous improvement and ensure the long-term sustainability of our business. This process has resulted in a reduction of our workforce in the Calgary, Chauvin and Edson offices,” a company spokeswoman told Reuters.

Repsol declined to comment on the exact number of people affected by the reorganization. Employees in the Canadian exploration and production and corporate units affected by the reorganization will be informed this week, according to sources familiar with the matter and an internal memo seen by Reuters. (Reporting by Devika Krishna Kumar in New York and Nia Williams in Calgary, Alberta Editing by Leslie Adler)

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