Layoffs
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Could Block’s AI-fueled layoffs be a ‘tipping point’ for white-collar jobs?Experts say Jack Dorsey's acknowledgement that AI is fueling layoffs could be a tipping point that sees a spike in companies taking the same approach.TechFeb 28
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AI allows for ‘significantly smaller team,’ Block says of 40% staff cut'The core thesis is simple. Intelligence tools have changed what it means to build and run a company,' CEO Jack Dorsey said in a letter to shareholders of the financial tech firm.TechFeb 27
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Laid-off GM workers should get lower taxes on severance, Tories urgeThe Opposition Conservatives are calling on the federal Liberal government to reduce taxes on severance packages for laid-off General Motors workers in Ingersoll, Ont.CanadaFeb 9
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Public sector unions say nearly 10K employees got layoff notices this weekThe Public Service Alliance of Canada said more than 5,000 of its members alone received 'workforce adjustment notices' this week across multiple federal government departments.CanadaJan 23
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Thousands of federal government workers receive layoff noticesThe Professional Institute of the Public Service of Canada said federal government workers are being forced into a 'Hunger Games-style fight for jobs.'CanadaJan 19
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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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