CareerBuilder + Monster lays off 15% of staff: Report
What’s going on at CareerBuilder + Monster?
Just months after the merger of the job sites, the combined company has reportedly slashed 15 per cent of its workforce.
According to AIM Group, approximately 200 jobs were axed this week.
Prior to the layoffs, CareerBuilder and Monster employed nearly 1,300 people.
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Your rights
In Canada, non-unionized employees at CareerBuilder + Monster are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.
This applies to individuals working full-time, part-time, or hourly in Ontario, Alberta, and B.C. In some cases, this can also apply to independent contractors.
Severance is the compensation provided to non-unionized workers in Canada by their employer when they are terminated without cause.
It can be as much as 24 months’ pay—depending on a variety of factors.
WATCH: Employment lawyer Lior Samfiru explains why you are still owed severance if you have been downsized on an episode of the Employment Law Show.
Severance offers and deadlines
Before accepting a severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.
In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).
If your employer’s offer falls short of what our Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should contact an experienced employment lawyer at Samfiru Tumarkin LLP.
Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay.
An employer’s deadline to sign back a severance offer is not legally enforceable or binding.
LEARN MORE
• Severance pay for provincially regulated employees
• Rights to severance during mass layoffs
• Severance entitlements in a recession
No shortage of major layoffs
The reported workforce reduction at CareerBuilder + Monster comes amid a flurry of job cuts in 2024.
Big names, including Loblaw, Ricoh, ApplyBoard, Qualcomm, and IBM, have pulled out the axe as they continue to navigate challenging economic conditions.
SEE ALSO
• Air Transat considering job cuts amid financial turbulence
• Atlantic Music Group cuts 6-7% of staff, part of restructuring
• Where are layoffs happening in Canada?
Lost your job? Talk to an employment lawyer
If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.
Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.
In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:
If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and should not be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.