ConocoPhillips plans new Canada job cuts

ConocoPhillips is set to reduce its workforce in Canada, with job cuts scheduled for Tuesday and affecting both employees and contractors. The oil and gas producer has informed staff of the decision but is not sharing how many positions will be eliminated. A spokesperson said the company routinely reviews its organization to align with its long-term strategy, operate safely and efficiently, and remain well-positioned for future opportunities.

Dennis Nuss, the company’s director of media relations and crisis communications, confirmed that a reduction to the Canadian workforce, including employees and contractors, will take place on Tuesday and reiterated that specific workforce numbers will not be disclosed. The confirmation follows internal notifications to staff and comes without any formal breakdown of which locations or functions will see the largest impact.

ConocoPhillips has declined to specify how many Canadian workers will lose their jobs in this latest round. The lack of figures applies to both employee and contractor roles, leaving the overall scale of the downsizing in Canada unclear. At the end of 2024, the company employed roughly 950 people in Canada, providing some indication of the size of its operations in the country before the new layoffs.

Globally, ConocoPhillips reported about 9,900 employees in its 2025 annual report. The company has not indicated how the latest Canadian reductions will affect this total or whether additional job cuts are planned in other regions as part of the same initiative.

The Canadian layoffs come after ConocoPhillips outlined a broader restructuring plan in 2025. That plan called for a reduction of 20% to 25% of the global workforce as the company sought to streamline operations and reduce costs following its acquisition of Marathon Oil. At the time, ConocoPhillips said most of the reductions would be made before 2025 and that it expected the reorganization to be completed in 2026.

A company representative has since stated that the majority of previously announced reductions took place in 2025. However, the new cuts in Canada show that workforce adjustments are continuing into 2026 as the broader restructuring approaches its targeted completion. The company has not clarified whether the latest Canadian layoffs are formally counted within the earlier global reduction range.

ConocoPhillips’ Canadian business includes operations in Calgary and at assets such as the Surmont and Montney projects. Reuters reported that Calgary employees would receive virtual notifications, while workers at Surmont in northern Alberta and Montney in British Columbia would be notified in person.

ConocoPhillips produced 164,000 barrels of oil equivalent per day in Canada in 2024, highlighting the scale of its Canadian operations prior to the recent and ongoing workforce changes. The company has not indicated whether the current layoffs will alter production levels, focusing instead on aligning its organizational structure with its strategic and operational goals.