UPDATE 1-Cenovus slashes dividend, cuts jobs to counter oil price slump
July 30, 2015 at 07:28 AM EDT
July 30 (Reuters) - Cenovus Energy Inc, Canada's No.2 independent oil producer, slashed its quarterly dividend by 40 percent and said it would cut about 300 more jobs as it tries to keep a lid on costs amidst a slump in oil prices.
