Sherritt Canada Ops Workforce Being Reduced by About 10%

Jan. 15, 2024, 10:23 PM UTC

Sherritt said the workforce across the company’s Canadian operations is being reduced by approximately 10%, with annual employee cost savings of C$13 million expected to be realized as part of a restructuring.

  • Senior Vice-President, Oil and Gas and Power and Head of Growth Projects Elvin Saruk named Chief Operating Officer, responsible for leading both Sherritt’s Metals and its Power and Oil and Gas divisions

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Ilya Banares in Toronto at ibanares@bloomberg.net

To contact the editor responsible for this story:
Sunil Kesur at skesur@bloomberg.net

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