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Cenovus CEO says cost cutting after MEG deal will ensure long-term jobs
Summary by CTV News
5 Articles
5 Articles
Cenovus CEO says cost cutting after MEG deal will ensure long-term jobs
ST. JOHN’S — The chief executive of oilsands giant Cenovus Energy Inc. says moves to reduce costs after acquiring MEG Energy Corp. will ensure long-term jobs stay with the company. Jon McKenzie was asked by reporters in St. John’s about expected layoffs now that the $8.6-billion transaction has closed. He said “rationalization” is to be […]
·Toronto, Canada
Read Full ArticleAny major transaction is accompanied by a "rationalization", according to the CEO. The post Acquisition of MEG: Cenovus will reduce costs to keep jobs appeared first on Les Affaires.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
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