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Sherritt to Temporarily Lay Off 280 Canadian Employees for at Least 90 Days

The temporary layoffs will affect 47% of the company’s Canadian workforce as it works to restart its idle refinery in Alberta.

An idle refinery rises above a quiet employee parking area / TokenPost.ai
An idle refinery rises above a quiet employee parking area / TokenPost.ai

Sherritt International Corporation said Wednesday, Nov. 4, it will temporarily lay off 280 Canadian employees for at least 90 days as it conserves cash while working to restart its idle refinery in Fort Saskatchewan, Alberta.

The temporary layoffs will affect 47% of Sherritt’s Canadian workforce.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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