Updated: October 23, 2025 at 4:58PM EDT

Published: October 23, 2025 at 4:47PM EDT

U.S. oil producer ConocoPhillips will begin layoffs at its Canadian operations in the first week of November, according to a memo seen by Reuters on Thursday.

Employees in Calgary will be notified on November 5 virtually, and those in Surmont and Montney will be told in person on the following day, three sources told Reuters, citing the memo.

ConocoPhillips employs 950 people in Canada, according to the company’s website.

“We will not be sharing area-specific workforce numbers for current or impacted employees and contractors,” ConocoPhillips spokesperson Dennis Nuss said in an email.

(Reporting by Georgina McCartney and Arathy Somasekhar in Houston, Amanda Stephenson in Calgary, Editing by Franklin Paul)