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Enerflex Ltd. announced Thursday it cut 200 more jobs in the fourth quarter of 2015, thus reducing its global workforce by one-third or 1,100 employees to 2,300 since the beginning of 2015.

The Calgary-based energy equipment supplier and manufacturer said it spent $10.7 million on severance pay in 2015 but hopes to save at least $20 million in annual administrative expenses thanks to the 2015 reductions, along with further cuts planned for its Australian branch in 2016.

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“Our fourth-quarter financial results reflected the effect of the continuing uncertainty surrounding commodity prices,” said president and chief executive Blair Goertzen in a news release.

“As a result of this uncertainty and the associated slowdown in bookings, we have implemented further cost reduction measures resulting in marked restructuring and severance costs for the quarter, and we have recorded an impairment of goodwill. We expect the global commodity price weakness to continue through 2016.”