Layoffs
Tucows Layoffs: Slashing Ting workforce by 42%, part of restructuring
The Toronto-based internet services company is also scaling back its staffing levels by around 17 per cent.
Manulife cuts 2.5% of workforce in investment management, including Canada
Manulife cuts 225 employees from its Global Wealth and Asset Management team. Learn more about the factors driving these cuts.
Capital Power looking to reduce Canadian corporate workforce by 25%
In total, the Edmonton-based power generation company expects approximately 130 positions to be affected.
Dropbox Layoffs: 20% of staff being cut amid ‘softening demand’
CEO Drew Houston said affected Canadians will be eligible for a "one-month healthcare extension" among other benefits.
Visa Layoffs: 1,400 jobs to be cut, tech roles mostly affected
A spokesperson for the credit card giant said the company continuously evolves its operational model to support growth.
Volkswagen Layoffs: Thousands of jobs to be cut, shuttering 3 plants
The automaker also plans to reduce salaries by at least 10 per cent and freeze pay in both 2025 and 2026.
Nokia Layoffs: Canadians reportedly affected amid sweeping job cuts
The update comes as the Finnish telecom giant eliminates hundreds of positions in China and Europe.
RioCan Layoffs: 10% workforce reduction amid restructuring, according to reports
Real estate investment firm RioCan has reportedly laid off 10% of its workforce amid restructuring in October.
Parkland Layoffs: Company cuts 100 jobs, outsources IT roles to Accenture
Parkland Corporation cuts 100 jobs, outsourcing IT roles to Accenture to boost tech support starting in 2025.