Canada's Nexen announces layoffs
Calgary, Alberta (UPI) Mar 18, 2015 - In response to a slowdown in the industry, Canadian energy company Nexen, a Chinese subsidiary, announced plans to eliminate more than 300 employees. The Canadian subsidiary of China National Offshore Oil Corp. said it will cut roughly 340 employees from its North American operations. Its British division also started consultations aimed at shedding 60 employees from the payroll there. ... more
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