Market Chatter: ConocoPhillips to Cut Jobs in Canada

01:03 PM EDT, 10/26/2026 (MT Newswires) -- ConocoPhillips (COP) will implement a planned reduction in its Canadian workforce Tuesday, Bloomberg reported Monday, citing a company spokesperson. The number of jobs to be cut was not disclosed, but the reduction will affect both employees and contractors, according to the report. ConocoPhillips did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 151.61, Change: +0.81, Percent Change: +0.54