Newspaper article The Canadian Press

WSP Global Cuts 450 Canadian Jobs This Year, Including 250 in Third Quarter

Newspaper article The Canadian Press

WSP Global Cuts 450 Canadian Jobs This Year, Including 250 in Third Quarter

Article excerpt

WSP Global cuts Canadian workforce

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MONTREAL - WSP Global has laid off 450 Canadian employees since the beginning of the year, including nearly 250 in the third quarter.

The Montreal-based engineering company (TSX:WSP) has been cutting staff in response to the persistent economic weakness in western oil producing provinces and delays in the awarding of federal infrastructure contracts.

The reduction in the third quarter -- about half of which affect its operations in Western Canada -- represent about three per cent of its 8,100 Canadian workforce.

Most of the departures follow the end of summer contracts, said WSP vice-president Isabelle Adjahi.

After purchasing seven Canadian companies in the past two years, she said WSP is now taking the time to integrate the firms in its global operations. …

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