Nutrien Cuts Finance Staff

Nutrien Ltd., Saskatoon, is cutting employment levels in its finance department, with Potash CEO Ken Seitz telling the Regina Leader-Post the number would be less than 50. CFO Pedro Farah released a statement on March 4.

“As a global leader, Nutrien has a responsibility to ensure our operations are as efficient as possible and adaptive to meet the needs of the market, our stakeholders, and our global employees,” said Farah. “We are modernizing and automating areas of our finance department and will be making some structural changes. These changes will unfortunately impact some positions supporting transactional work in Alberta, Saskatchewan, and Colorado.”

Farah said the specifics are still being confirmed, including finding new roles for employees where possible. “We are committed to supporting individuals through the transition and can confirm this will not impact a significant percentage of our employee base. These regions remain an important part of our footprint and we will continue to be invested as an employer and as a corporate citizen.”

In the meantime, Bloomberg reported that Nutrien has more than 1,000 jobs posted in North America, with 300 of those in Alberta, Saskatchewan, and Colorado.