MEG Energy says has slashed workforce by 30 percent in last year

Wed Oct 28, 2015 9:55am EDT
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CALGARY, Alberta Oct 28 (Reuters) - Canadian oil sands producer MEG Energy Corp said on Wednesday it has reduced its overall workforce by 30 percent in the last year as the company cut costs to cope with low global crude prices.

Speaking on a third quarter earnings call, chief executive Bill McCaffrey said those layoffs included contractors and employees. (Reporting by Nia Williams; Editing by Chizu Nomiyama)