National

SNC-Lavalin to cut 4,000 jobs, nine per cent of total

Darpan News Desk The Canadian Press, 06 Nov, 2014 10:45 AM

MONTREAL — SNC-Lavalin says it will reduce the company's global workforce by 4,000, or nine per cent of the total, over an 18-month period starting in 2015.

The Montreal-based engineering and construction company (TSX:SNC) says the job cuts are part of its ongoing efforts to get out of underperforming business segments.

About three-quarters of the downsizing will be directed at SNC's activities outside of Canada.

SNC-Lavalin is one of the world's leading engineering and construction group, with offices in more than 50 countries and about 45,000 employees worldwide serving a variety of industries.

The company has been working for several years to overcome the impact of alleged corruption among some of its former senior executives.

Prev Next

MORE National ARTICLES

Canada Won't Be Cowed By Terrorist Attack: PM Stephen Harper

OTTAWA - The gunman who staged a deadly attack Wednesday on Parliament Hill was a terrorist whose despicable crime will only harden Canada's resolve to crack down on terrorists at home and abroad, Stephen Harper says.

Canada Won't Be Cowed By Terrorist Attack: PM Stephen Harper

Michael Zehaf-Bibeau Named As Ottawa Shooter Who Killed Corporal Nathan Cirillo

U.S. officials name the dead Ottawa shooting suspect as Michael Zehaf-Bibeau, a Canadian born in 1982. He shot reserve soldier Corporal Nathan Cirillo at the National War Memorial before running inside Parliament and exchanging gunfire with guards

Michael Zehaf-Bibeau Named As Ottawa Shooter Who Killed Corporal Nathan Cirillo

Winnipeg Police Charge Woman With Concealing Remains Of Six Dead Babies

WINNIPEG - Police have charged a woman who was renting a storage locker where the remains of six babies were found, but they say it could be months before they know who the infants were or how they died.

Winnipeg Police Charge Woman With Concealing Remains Of Six Dead Babies

No threat but Toronto police step up presence after deadly attack in Ottawa

TORONTO - Toronto's chief of police says officers in the country's largest city will be more visible today as a result of this week's attacks on soldiers in Ottawa and Quebec.

No threat but Toronto police step up presence after deadly attack in Ottawa

Shooting spurs fresh concerns about security on Parliament Hill

OTTAWA - The fatal shooting of a soldier at the National War Memorial and the subsequent gunfire on Parliament Hill on Wednesday have renewed concerns about security in the capital.