The Houston-based company confirmed Thursday that it will lay off about 1,000 employees this year, mostly from North American energy jobs in the U.S. and Canada. The cuts were outlined in a meeting with management Thursday. Hundreds of employees will be laid off in Texas, where much of ConocoPhillips’s shale oil-and-gas operations are focused, while as many as 300 job cuts will come in Calgary, Alberta, out of its oil-sands division, sources familiar with the matter said. The company has already cut 3,400 jobs, or roughly 18% of employees, since September 2014, when the price of oil fell below $100 a barrel, according to filings with regulators. In the past 18 months, ConocoPhillips has slashed spending in response to the downturn, including deferring certain oil-and-gas drilling projects and laying off thousands of workers since […]

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