TransCanada Axes 185; Touts Economic Service

Posted by Joseph Keefe
Tuesday, June 23, 2015

TransCanada Corp, the backer of the controversial Keystone XL pipeline project, said on Tuesday it has eliminated 185 jobs following a restructuring of its major projects department.

The company said 100 of the cuts came from its full-time staff while the remainder were contract employees. It said the firings were needed to ensure the lowest-cost services to its customers.

Reporting by Scott Haggett

Categories: Energy Finance Government Update Logistics People & Company News People

Related Stories

Doubling of US Tariffs on India Begins Wednesday

Murphy Tapped To Chair Tidal Energy Company Board

LNG Cargoes from Sanctioned Arctic LNG 2 Project Flow East

Current News

Second-hand Containership Prices Soar in the Face of Soft Shipping Rates

“2 Days, 50 Ports”: New Wave Media Acquires Port of the Future Conference & Exhibition

AD Ports Group Signs Dredging Agreement to Expand Karachi Terminals Throughput

IMO Secretary-General Visits Panama Maritime Authority

Subscribe for Maritime Logistics Professional E‑News