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Enbridge Cutting 1,000 Jobs After Takeover of Spectra Energy

Enbridge Inc. says it is cutting about 1,000 jobs or 6 percent of its workforce following the takeover of Houston-based Spectra Energy.

Mnet 124375 Enbridgesign

CALGARY, Alberta (AP) — Enbridge Inc. says it is cutting about 1,000 jobs or 6 percent of its workforce following the takeover of Houston-based Spectra Energy.

The Calgary, Alberta-based Enbridge said Wednesday it is laying off people to address overlaps in the combined company's organizational structure after acquiring Spectra late last month. Both operate pipelines that deliver oil and natural gas.

Enbridge announced last August it was buying Houston-based Spectra Energy for about $28 billion, creating North America's largest energy infrastructure company.

Company spokesman Todd Nogier did not provide details about the cuts, but says they're being made across the merged company.

He says the workforce reductions are among moves the company plans to make in the coming months.

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