Enbridge to cut 650 jobs due to 'increasingly challenging' business conditions

Pipeline giant Enbridge Inc. is cutting its workforce by 650 positions due to what it calls "increasingly challenging business conditions."

Pipeline giant Enbridge Inc. is cutting its workforce by 650 positions due to what it calls "increasingly challenging business conditions."

Enbridge spokeswoman Gina Sutherland confirmed the cuts in an email Tuesday, adding the Calgary-based company aims to complete the job reductions by March 1. 

"Persistent headwinds – including higher interest rates, economic uncertainty and the ripple effects of geopolitical developments – all contribute to increasingly challenging business conditions across many industries," Sutherland said.