TransCanada Axes 185; Touts Economic Service

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

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