'It was devastating': How Imperial Oil employees found out about the company's major layoff plan [Yahoo! Finance Canada]
Imperial Oil Limited (IMO)
NASDAQ:AMEX Investor Relations:
imperialoil.ca/en-ca/company/investors
Company Research
Source: Yahoo! Finance Canada
Staff at Imperial Oil Ltd. got an email in the early afternoon on Sept. 29 asking them to show up for an all-hands meeting later in the day. They were about to get some life-changing news. Their employer, a major oil producer almost as old as Canada, was going to reveal a dramatic shift in strategy. Imperial would be selling its sprawling headquarters in Calgary, cutting hundreds of jobs and potentially outsourcing many of those positions overseas. One worker said they had suspected something was up, but nothing that seismic. The worker, who spoke with the Financial Post on the condition their identity remains confidential for fear of reprisal, said the rumour mill at Imperial had been churning for weeks. There was speculation layoffs were coming. “I don't think we anticipated quite how drastic it was,” the worker said. What follows is an account of the day, through the eyes of that worker. The Financial Post corroborated their story with internal documents and multiple sourc
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News
- Imperial Oil Limited: I'm Here For The Buybacks And Dividend [Seeking Alpha]Seeking Alpha
- Top Dividend-Growth Stocks to Buy Now in Canada [Yahoo! Finance Canada]Yahoo! Finance Canada
- What Recent Developments Are Shaping the Investment Story for Imperial Oil [Yahoo! Finance]Yahoo! Finance
- Here's Why Hold Strategy Is Apt for Imperial Oil Stock Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- TD picks oil stocks as investors await Carney's next major projects list [Yahoo! Finance Canada]Yahoo! Finance Canada
IMO
Earnings
- 10/31/25 - Beat
IMO
Sec Filings
- 11/26/25 - Form 8-K/A
- 11/3/25 - Form 10-Q
- 10/31/25 - Form 8-K
- IMO's page on the SEC website