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Layoffs

A photo of a server system. (Photo: Taylor Vick / Unsplash)
Employment Law September 16th, 2024

Cisco Layoffs: 7% of workforce, thousands of employees cut in AI, cybersecurity shift

By Lior Samfiru

Cisco Systems is laying off 7% of its workforce, or roughly 5,900 employees, in its second round of job cuts this year.

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Endless rows of solar panels, part of the clean energy industry.
Employment Law September 15th, 2024

Ballard Power Layoffs: Restructuring aims to cut expenses by over 30%

By Lior Samfiru

Ballard Power Systems is implementing significant layoffs as part of a corporate restructuring aimed at reducing expenses by over 30%.

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A Van De Graaff generator, like the one featured at the Ontario Science Centre.
Employment Law September 13th, 2024

Ontario Science Centre Layoffs: 28 Dexterra employees affected after contract cut

By Lior Samfiru

Dexterra Group, which provided cleaning services for the Ontario Science Centre, has announced layoffs affecting 28 employees.

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A photo of an oil rig in front of a sunset. (Photo: Zbynek Burival / Unsplash)
Employment Law September 13th, 2024

Shell Layoffs: 20% workforce reduction targets Exploration, Development divisions

By Lior Samfiru

Global oil and gas giant Shell is planning to cut its workforce by 20%, with significant impacts to oil and gas exploration…

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samsung, severance pay
Employment Law September 13th, 2024

Samsung Layoffs: Up to 30% of overseas staff cut amid global challenges

By Lior Samfiru

Samsung Electronics, the world's leading producer of smartphones, TVs, and memory chips, is preparing to reduce its global workforce.

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A photo of a person looking at multiple computer screens. (Photo: Mohammad Rahmani / Unsplash)
Employment Law September 12th, 2024

Microsoft Gaming Layoffs: 3% of global workforce cut, after Activision Blizzard acquisition

By Lior Samfiru

Microsoft Gaming has announced that it will lay off approximately 650 employees, representing about 3% of its global workforce.

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Someone uses their laptop to access a wesbite, perhaps leaving a review on HomeStars.
Employment Law September 10th, 2024

HomeStars Layoffs: Multiple jobs cut in mass termination

By Lior Samfiru

Samfiru Tumarkin LLP has learned that HomeStars laid off a significant portion of its Canadian workforce on September 10.

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A Lyft driver relies on his dash-mounted map app as he navigates a highway underpass. Lyft employees are entitled to severance pay when they lose their job.
Employment Law September 4th, 2024

Lyft layoffs: 1% staff cut, restructuring Bike and Scooter Operations

By Lior Samfiru

Lyft is selling assets related to its bike and scooter rental operations and laying off 1% of its staff as part of…

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A photo of various video game consoles. (Photo: Lorenzo Herrera / Unsplash)
Employment Law September 3rd, 2024

Tilting Point layoffs: 20% of workforce cut due to ‘tough’ market

By Lior Samfiru

Mobile game maker Tilting Point has confirmed plans to reduce its global workforce by up to 20%, affecting approximately 90 employees.

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