UPDATE 1-Canada's Husky lays off workers as energy sector struggles

Canadian oil and gas producer Husky Energy Inc laid off a number of employees on Tuesday, a company spokeswoman said, the latest sign of how Canada’s energy sector is struggling with declining capital investment and sluggish growth. Calgary, Alberta-based Husky declined to say how many jobs were affected by the cuts. “Husky has been taking steps to better align the organization and workforce with our capital plan and strategy,” spokeswoman Kim Guttormson said in a statement. …read more

Source:: Yahoo Finance

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