Layoffs

• Carney says Algoma Steel loans ‘saved two-thirds’ of jobs despite layoffs

  Algoma 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.'

  Canada

  Dec 3
  
• CN Rail lays off some 400 managers as tariffs take a bite out of shipping volumes

  The cuts affect more than six per cent of the company's non-unionized workforce.

  Canada

  Oct 30
  
• Advertisement
• Ozempic, Wegovy makers Novo Nordisk announce 9K layoffs in restructuring

  Ozempic 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.

  World

  Sep 10
• Advertisement
• U.S. Supreme Court paves way for Trump to continue with federal layoffs

  The justices overrode lower court orders that temporarily froze the cuts, which have been led by the Department of Government Efficiency.

  U.S. News

  Jul 9
• Vancouver real estate firm lays off staff amid ‘challenging’ market

  In 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.

  Economy

  May 9
• McGill University announces budget cuts, layoffs in response to Quebec policies

  The university says in a statement that it plans to suspend or downsize some activities and reduce faculty and staff through attrition and layoffs.

  Canada

  Feb 10
• ‘Tremendous financial uncertainty:’ Another Quebec company announces big layoffs

  Montreal-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.

  Canada

  Feb 6
• U.S. tariff threat: Quebec furniture company lays off 115 workers after sales drop

  The 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.

  Canada

  Feb 5
• Advertisement
• Food giant Cargill is slashing 5% of global workforce—around 8K jobs

  Cargill has more than 160,000 employees globally and is based out of Minnesota in the United States but makes its Canadian headquarters in Winnipeg.

  Economy

  Dec 3, 2024
• Advertisement
• Intuit to close Edmonton offices as company cuts jobs, invests in AI

  TurboTax-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.

  Canada

  Jul 10, 2024