These companies have laid off Canadian workers in 2023

A wave of layoffs in 2022, which left 1000’s of Canadian employees jobless, is constant this 12 months as recession predictions loom and the tech sector downturn deepens.

These are the businesses which have mentioned goodbye to Canadian employees thus far this 12 months.

Absolute Software Corp.: The Vancouver-based safety software program firm mentioned it could reduce about 40 jobs as a part of an April restructuring plan to scale back its working bills.

BCE Inc.: The telecommunications large mentioned in mid-June that it could slash 1,300 positions, together with six per cent of its media arm. It blamed the job cuts on a difficult public coverage and regulatory setting, elevating particular considerations about Bill C-11, the Online Streaming Act, and Bill C-18, the Online News Act.

Benevity: The Calgary-based firm which creates charity-centric software program revealed plans to slash its staff by 14 per cent, leaving 137 employees with no job in January.

Best Buy: The client electronics retailer mentioned it could be lowering its workforce by 0.7 per cent, estimated to be about 700 workers, in January.

Canopy Growth Corp.: The Smiths Falls, Ont. hashish firm introduced plans to shed 800 workers — 35 per cent of its workforce — in February in an effort to assist the business attain profitability.

Cineplex Inc.: The theatre chain says it laid off about 30 employees in February as a result of “the state of box office recovery isn’t where we or the industry expected it to be:”

Clearco: Michele Romanow’s e-commerce investing business mentioned goodbye to 25 per cent of its workforce in January because the Dragons’ Dens star departed her chief govt function. The firm beforehand laid off 125 workers from its 500-person workforce in July after which 60 in August.

Clutch: The on-line automotive retailer lowered its staff from 231 to 81 individuals in January with its chief govt Dan Park citing a “challenging microeconomic environment.”

Lightspeed Commerce Inc.: The Montreal e-commerce software program business laid off 300 employees — about 10 per cent of its head depend — in January with a lot of the coming from administration. The firm mentioned the transfer is supposed to assist it unify a number of companies it lately acquired and already has plans to rent between 150 and 200 extra workers.

Google: Canadian Google workers affected by a 12,000-person reduce the tech goliath introduced in mid-January began being knowledgeable of their termination in early February.

Hootsuite Inc.: The Vancouver social media expertise firm reduce seven per cent of its workers — about 70 individuals — in its third job reduce within the final 12 months.

Hudson’s Bay: The division retailer chain mentioned it was letting go of two per cent of its workforce, estimated to be about 250 workers, in January. The company roles had been concentrated at The Bay and Hudson’s Bay, the retailer’s on-line and brick-and-mortar operations, and meant to assist it navigate “significant external pressures.”

Meta Platforms Inc.: The firm behind Facebook and Instagram introduced in mid-March that it could lay off 10,000 individuals and stop hiring for five,000 roles because the agency embarks on a “year of efficiency.” The firm had laid off 13 per cent or 11,000 employees in November 2022.

Nordstrom: The Seattle division retailer chain introduced in early March that it could shut all of its Canadian shops, leaving 2,500 workers unemployed.

Postmedia Network Corp.: Sources instructed The Canadian Press in January that the newspaper writer behind publications just like the National Post, Vancouver Sun and Calgary Herald would lay off 11 per cent of its editorial workers. Days later, unions mentioned the corporate had reduce greater than 75 jobs by outsourcing the printing and inserting of the Windsor Star.

Ritual: The Toronto-based meals pickup service laid off about 40 per cent of its firm, amounting to 38 employees in June, because it made modifications to its payment system.

Rogers Communications Inc.: The Toronto-based telecommunications agency confirmed in July that “a small percentage” of workers left involuntarily since Rogers mixed with Shaw.

Rona Inc.: The Boucherville, Que.-based dwelling enchancment retailer mentioned June that it was eliminating 500 jobs throughout Canada in a bid to simplify its organizational construction and adapt to a slowing financial system.

Shopify Inc.: The Ottawa e-commerce software program firm laid off 20 per cent of workers in early May in a transfer meant to assist it extra intensely concentrate on its primary operations. Shopify refused to say what number of workers could be departing the corporate, however earlier than it laid off about 1,000 employees final summer season, it had roughly 10,000 workers.

Suncor Energy Inc.: The Calgary-based firm mentioned in the beginning of June that it could reduce 1,500 jobs by the tip of the 12 months because it goals to scale back prices and enhance the agency’s lagging monetary efficiency.

Telus Corp.: The Vancouver telecommunications agency introduced plans to slash 6,000 jobs in August, attributing the transfer to the “evolving regulatory, competitive and macroeconomic environment.”

Thinkific Labs Inc.: The Vancouver training expertise firm culled 76 jobs from its workforce in January with chief govt Greg Smith saying it was a mandatory transfer to achieve profitability.

VerticalScope: The Toronto-based expertise firm owned by the corporate that purchased Torstar Corp. mentioned in February that it was shedding round 60 workers, or 22 per cent of the corporate’s workforce, to assist it navigate the present financial setting.