The Globe and Mail | Cenovus and Shell slash jobs and spending, Suncor profit surprises Financial Post Cenovus Energy Inc., which cut 800 jobs earlier this year, announced that it had identified as many as 400 more positions that are “no longer required because of a decrease in work due to the continued low oil price environment,” according to a release. Oil patch retrenches as price shock cuts deep Suncor cuts spending by $400M as oilpatch rides out low oil |