TransCanada Says Cutting 20% Of Senior Management Positions


CALGARY, Alberta, Sept 24 (Reuters) - Pipeline company TransCanada Corp is cutting 20 percent of its senior management positions as a result of the continuing slump in oil prices, a company spokesman said on Thursday.

TransCanada is the company behind the controversial and long-delayed Keystone XL pipeline to the United States, and the cross-Canada Energy East project.

(Reporting by Nia Williams; Editing by Chris Reese)


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Ray Richards  |  September 24, 2015
About time, now cut senior salaries and benefits by 20%

Most Popular Articles