MONTREAL — SNC-Lavalin is eliminating 950 jobs around the world, including 600 in Canada.
The Montreal-based engineering and construction firm says all the employees affected happen to be notified, with most having already left.
The company says the downsizing in Canada mainly involves employees in Ontario and Alberta, followed by Quebec, and follows the elimination of 4,000 positions in 2014.
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The latest cuts are part of a bigger restructuring announced last November by CEO Neil Bruce to adjust to a weaker economy.
SNC-Lavalin expects to save $100 million each year from the series of efforts, including workforce reduction.
The job losses touch several regions of operation including the weak oil and gas sector in Western Canada.
The company has nearly 40,000 employees around the world, including almost 12,000 in Canada.
The Canadian Press
