Layoffs
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Carney says Algoma Steel loans ‘saved two-thirds’ of jobs despite layoffsAlgoma Steel has been working to shift away from the United States as its main customer after what the company referred to as Donald Trump's 'unprecedented tariffs.'CanadaDec 3, 2025
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CN Rail lays off some 400 managers as tariffs take a bite out of shipping volumesThe cuts affect more than six per cent of the company's non-unionized workforce.CanadaOct 30, 2025
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Ozempic, Wegovy makers Novo Nordisk announce 9K layoffs in restructuringOzempic and Wegovy maker Novo Nordisk says it will layoff about 9,000 employees of its global workforce as it restructures in an attempt to fend off competition.WorldSep 10, 2025
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U.S. Supreme Court paves way for Trump to continue with federal layoffsThe justices overrode lower court orders that temporarily froze the cuts, which have been led by the Department of Government Efficiency.U.S. NewsJul 9, 2025
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Vancouver real estate firm lays off staff amid ‘challenging’ marketIn an email to employees on Thursday, rennie president Greg Zayadi said it was a difficult day for everyone at the company. They laid off 31 members of staff.EconomyMay 9, 2025
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McGill University announces budget cuts, layoffs in response to Quebec policiesThe university says in a statement that it plans to suspend or downsize some activities and reduce faculty and staff through attrition and layoffs.CanadaFeb 10, 2025
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‘Tremendous financial uncertainty:’ Another Quebec company announces big layoffsMontreal-based tights manufacturer Sheertex (SRTX) said it has placed 40 per cent of its 350 employees on temporary layoff due to the threat of U.S. tariffs on Canadian goods.CanadaFeb 6, 2025
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U.S. tariff threat: Quebec furniture company lays off 115 workers after sales dropThe company says the uncertainty around Trump's motives has significantly affected sales, adding that 70 per cent of its products are shipped to the United States.CanadaFeb 5, 2025
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Food giant Cargill is slashing 5% of global workforce—around 8K jobsCargill has more than 160,000 employees globally and is based out of Minnesota in the United States but makes its Canadian headquarters in Winnipeg.EconomyDec 3, 2024
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Intuit to close Edmonton offices as company cuts jobs, invests in AITurboTax-parent company Intuit will layoff 1,800 employees and close offices in Edmonton and Idaho to focus on its AI-powered tax preparation software and other financial products.CanadaJul 10, 2024
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