What’s Happening at Imperial Oil?

On September 29, 2025, Imperial Oil confirmed plans to cut about 20% of its workforce as part of a multi-year corporate restructuring, according to Reuters.

The move impacts thousands of employees across Canada, particularly in Calgary, where the company will largely wind down its head office presence by 2028.

Key details from the announcement:

• $330 million restructuring charge in Q3 2025
• Most Calgary head office roles relocated to the Strathcona refinery near Edmonton
• Small Calgary presence to remain after transition

Why Now?

Imperial cited a combination of cost-cutting goals and technological transformation as drivers of the layoffs. While global oil markets have softened in 2025, analysts note that Imperial remains profitable and is focused on staying competitive long-term.

Impact on Calgary

The announcement is especially significant for Calgary’s energy sector workforce.

• Imperial moved its headquarters to Calgary from Toronto in 2004.
• In 2016, the company shifted to a suburban campus office designed for ~3,000 people.
• By 2028, only a limited number of positions will remain in the city

Government Reaction

Canada’s Natural Resources Minister, Tim Hodgson, called the announcement “deeply disappointing” and pledged to support affected workers.

What Employees Should Know

If you work at Imperial Oil and are impacted by the September 2025 layoffs, you are entitled to severance pay. Non-unionized employees in Alberta and across Canada...

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