Layoffs
Rivian Layoffs: Jobs cut for the third time in 12 months
The electric vehicle maker has initiated another round of layoffs, the third time within the past year due to a cooling demand…
Onsemi Layoffs: 1,000 jobs cut globally amid EV slowdown
The Arizona-based company's decision comes amid sluggish demand for chips, particularly in the electric vehicle sector.
Sumo Group Layoffs: 15% staff cut, Timbre Games permanently closed
The layoffs affect staff across various Canada and Poland, with the Timbre Games closure putting 100 employees out of work.
Vancity Layoffs: 200 jobs cut due to restructuring
Samfiru Tumarkin LLP has learned that credit union Vancity has reportedly terminated numerous employees as part of restructuring.
WillScot Layoffs: 500 to 1,000 employees reportedly terminated across North America
Samfiru Tumarkin LLP has learned that WillScot of Canada has reportedly terminated at least 10% of its workforce across Canada and the United…
Stifel Financial Layoffs: Calgary office shut, Toronto investment bank jobs cut
A company spokesperson said the undisclosed job cuts have been brought on by current market conditions and a need to cut costs.
Google Layoffs: Cloud unit latest to be affected by ongoing job cuts
The tech giant said it is continuing to invest in areas "that are critical to our business and ensure our long-term success."…
MaRS Layoffs: 20 positions reportedly axed, ‘resetting’ business model
CEO Alison Nankivell said the path forward "necessitates changes towards a more agile and lean organizational structure."…
Microsoft Layoffs: Azure cloud and mixed reality units affected
Reports of job cuts come just months after the tech giant laid off approximately nine per cent of its gaming division.