Imperial Oil to cut 20% of workforce by end of 2027 in restructuring effortCALGARY — Imperial Oil is planning to slash about 20 per cent of its workforce by the end of 2027 as part of a restructuring plan. REGISTER / SIGN IN TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada. Imperial Oil to cut 20% of workforce by end of 2027 in restructuring effortTry refreshing your browser, orWe apologize, but this video has failed to load. Article contentCalgary-based Imperial says the changes which include consolidating existing site activity should achieve a reduction in annual expenses of $150 million by 2028. In August, Imperial reported $11.23 billion in total revenue and other income during the second quarter, down from $13.38 billion in the same quarter a year earlier.