Tech Layoffs
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Shopify president says no more layoffs coming as tech cuts continueShopify was among the first of the world's tech giants to lay off staff in a summer cut that impacted 1,000 workers - roughly 10 per cent of staff.TechFeb 17
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Layoffs, boomers, interest rates: Why Canada’s jobs market shows ‘no signs of slowing’The 150,000 new jobs recorded in January was 10 times more than expected, one economist noted.EconomyFeb 14
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Google Canada starts layoffs as parent company cuts 12,000 workers globallyGoogle Canada spokesperson Lauren Skelly said notifications were being sent on Monday to staff impacted by the cuts announced last month.TechFeb 6
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Tech layoffs: Dell to axe 6,650 jobs as it fights slowing demandDell Technologies Inc. had about 133,000 employees as of Jan. 28, 2022, of which, about one-third were based in the United States.TechFeb 6
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U.S. job losses surged in January as tech layoffs deepened, report suggestsCompanies from Microsoft Corp. to Amazon.com Inc. and Goldman Sachs Group Inc. cut thousands of jobs last month in a bid to ride out a demand downturn.U.S. NewsFeb 2
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Lightspeed to hire, shift focus to premium clients after layoffsLightspeed laid off 300 workers last month amid widespread cuts in the tech industry. About 50 per cent of those who departed were in management positions.EconomyFeb 2
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Saskatchewan tech companies receive high interest despite layoffs from Meta, Google, othersGoogle, Amazon, Microsoft, Meta, Twitter, Spotify and more big tech companies have all been making major cuts to its workforce. Saskatchewan, however, has been growing.TechJan 27
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Tech layoffs: IBM latest firm to slash workforce by cutting 3,900 jobsChief Financial Officer James Kavanaugh told Reuters that the company was still "committed to hiring for client-facing research and development."MoneyJan 26
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Best Buy to lay off around 700 employees as sales dip after pandemic surgeBest Buy, which is publicly traded in the U.S., has seen sales soften following the elevated demand for electronics during the COVID-19 pandemic.ConsumerJan 25
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Spotify latest tech company to announce layoffs by cutting 6% of workforceMusic streaming firm Spotify Technology plans to cut six per cent of its workforce, the company said on Monday, a move that will add to a glut of layoffs.TechJan 23
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