Suncor to slash 1,500 jobs amid cost-cutting plan

Suncor Energy will eliminate 1,500 positions as the company’s new chief executive announced an immediate plan to cut costs by $400 million by the end of this year.

Rich Kruger notified staff about the plan on Thursday in an email, describing how the company needs to reduce its staffing costs related to its competitors in the oilpatch.

Images of Kruger’s email were shared with CBC News by employees at the company.

“Staffing reductions will occur at all levels of the organization and will be based on both performance and business need. As we do this, we will eliminate work, critically looking at what we