TransCanada says cutting 20 percent of senior management positions
CALGARY, Alberta (Reuters) - Pipeline company TransCanada Corp is cutting 20 percent of its senior management positions as a result of the continuing slump in oil prices, a company spokesman said on Thursday.
TransCanada is the company behind the controversial and long-delayed Keystone XL pipeline to the United States, and the cross-Canada Energy East project.
(Reporting by Nia Williams; Editing by Chris Reese)
© Thomson Reuters 2016 All rights reserved.