How many employees work at Pennecon?
Pennecon Ltd. has approximately 354 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Pennecon’s total headcount has declined 57.4% from 832 employees in 2023 to 354 in 2026.
Is Pennecon hiring right now?
Yes, Pennecon is actively hiring. Pennecon had 5 active job postings in 2026, a 33.3% decline from 2025 — see job openings & hiring trends.
About Pennecon’s Workforce
Pennecon Ltd. is an Energy and Resources company that employs 354 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1971, the company is headquartered in St. John's, Canada.
Pennecon's workforce has declined 57.4% from 2023 to 2026, down 8.2% year over year in 2026. It fell to a low of 354 in 2026 Q1 before recovering. Its workforce is concentrated most in North America (97.6%), followed by Sub-Saharan Africa (0.8%) and Pacific Islands (0.7%).
Pennecon's functional groups are Engineering (34.0%), Sales and Marketing (33.2%), and Finance and Operations (32.8%). The average salary is $72,851, highest in North America at a median of $65,000, down 5.9% year over year in 2026.
Pennecon's active job postings fell 33.3% in 2026 to 5, with new postings per month cooling from 11 in 2023 to 5 in 2026. Overall employee sentiment is positive and improving.
Sourced from Revelio Labs workforce data.
- Headquarters
- St. John's, Canada
- Founded
- 1971
- Industry
- Energy and Resources
- Employees
- 354
- YoY
- -8.2% (-209)
As of March 2026
Pennecon workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Pennecon. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsPennecon Annual Employee Count (2023-2026)
- Pennecon had 354 employees in 2026, a 8.2% decline (-209) from 2025.
- Pennecon had 361 employees in 2025, a 9.7% decline (-233) from 2024.
- Pennecon had 594 employees in 2024, a 14.1% decline (-221) from 2023.
- Pennecon had 815 employees in 2023, a 6.5% increase (+56) from 2022.
Pennecon's total workforce has declined from 832 employees in 2023 to 354 in 2026.
Pennecon Ltd. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 354 | -209 | -8.2% |
| 2025 | Q4 | 361 | -233 | -9.7% |
| 2025 | Q3 | 374 | -245 | -11.1% |
| 2025 | Q2 | 395 | -351 | -23.5% |
| 2025 | Q1 | 563 | -256 | -19.1% |
| 2024 | Q4 | 594 | -221 | -14.1% |
| 2024 | Q3 | 619 | -194 | -10.7% |
| 2024 | Q2 | 746 | -86 | +0.2% |
| 2024 | Q1 | 819 | +31 | +6.1% |
| 2023 | Q4 | 815 | +56 | +6.5% |
| 2023 | Q3 | 813 | +61 | +6.9% |
| 2023 | Q2 | 832 | +122 | +10.5% |
See Pennecon's complete headcount history, including quarterly breakdowns.
Get the DataPennecon Employee Count by Region (2026)
North America accounts for the largest share of Pennecon's global workforce with approximately 98% of total employees, followed by Sub-Saharan Africa and Pacific Islands.
Pennecon employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 331 | 97.6% |
| Sub-Saharan Africa | 3 | 0.8% |
| Pacific Islands | 2 | 0.7% |
| Southern Europe | 2 | 0.6% |
| Western Europe | 1 | 0.4% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataPennecon Employee Count by Department (2026)
Pennecon's employee groups are Engineering (34.0%), Sales and Marketing (33.2%), and Finance and Operations (32.8%).
Pennecon employees by department
| Department | Employees | % of Total |
|---|---|---|
| Engineering | 120 | 34.0% |
| Sales and Marketing | 118 | 33.2% |
| Finance and Operations | 116 | 32.8% |
Compare Pennecon's department mix to industry peers.
See Full DataPennecon Employee Salary by Region (2026)
Pennecon's average employee salary is $72,851 globally. Employees in North America receive the highest compensation.
Pennecon median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $65,000 |
Unlock salary by role, level, and city — and compare to Pennecon's industry peers.
Unlock Salary DataPennecon Job Openings and Hiring Trends (2023-2026)
- Pennecon had 5 active job postings in 2026, a 33.3% decline (+4) from 2025.
- Pennecon had 1 active job postings in 2025, a 66.7% decline (-1) from 2024.
- Pennecon had 2 active job postings in 2024, a 120.0% decline (-6) from 2023.
- Pennecon had 8 active job postings in 2023, a 40.0% decline from 2022.
- Hiring velocity in 2026: 5 new roles/month, down from 6 in 2025 and 5 in 2024.
Pennecon's hiring is slowing: active job postings fell 33.3% in 2026 to 5, with new postings per month cooling from 11 in 2023 to 5 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataPennecon Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Pennecon's workforce based on public professional data. Overall sentiment is positive and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Pennecon
- How fast is Pennecon growing?
- In 2026, Pennecon's headcount shrank 8.2% to 354 employees, down from 563 in 2025.
- See the full headcount history
- Where are Pennecon employees located?
- Most Pennecon employees are based in North America (97.6% of headcount), followed by Sub-Saharan Africa and Pacific Islands.
- Explore where the workforce is based
- What is the average salary at Pennecon?
- The average employee salary at Pennecon is approximately $72.9k per year.
- Analyze the salary distribution
- How many new job postings does Pennecon open per year?
- In Q1 2026, Pennecon opened 14 new job postings. In 2025, Pennecon opened 70 new job postings — about 6 per month.
- Track hiring trends by role
- When was Pennecon founded and where is it headquartered?
- Pennecon was founded in 1971 and is headquartered in St. John's, Canada.
- Compare Pennecon to industry peers
Speak with a workforce expert about Pennecon.
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