CBC.ca | Imperial Oil still able to avoid layoffs despite oil woes CBC.ca Calgary-based Imperial Oil is a rare commodity these days. It's a major oil company that hasn't had to layoff any workers, despite the oil price crash. Imperial Oil says its first-quarter net income was down 55 per cent from a year ago, falling to $421 ... Canada's Imperial Oil Earnings Fall 55% Imperial Oil first-quarter earnings fall by half on oil price UPDATE 2-Weak global crude prices hurt Imperial Oil profit |