These companies have laid off Canadian workers in 2023
A wave of layoffs in 2022, which left hundreds of Canadian staff jobless, is constant this yr as recession predictions loom and the tech sector downturn deepens.
These are the businesses which have mentioned goodbye to Canadian staff to date this yr.
Benevity: The Calgary-based firm which creates charity-centric software program revealed plans to slash its group by 14 per cent, leaving 137 staff with no job in January.
Best Buy: The client electronics retailer mentioned it will 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.
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 position. 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 group from 231 to 81 folks 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 staff — 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 folks — in its third job reduce within the final yr.
Hudson’s Bay Co.: The division retailer chain mentioned it was letting go of two per cent of its company workforce, estimated to be about 250 workers, in January. The 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 will lay off 10,000 folks 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 staff in November 2022.
Nordstrom: The Seattle division retailer chain introduced in early March that it will 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 insertingof the Windsor Star.
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 succeed in 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 surroundings.
This report by The Canadian Press was first revealed March 14, 2023.
