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:
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.
The announcement is especially significant for Calgary’s energy sector workforce.
Canada’s Natural Resources Minister, Tim Hodgson, called the announcement “deeply disappointing” and pledged to support affected workers.
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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