Layoffs
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.
Meta Reduces Workforce Across Reality Labs, Instagram, and WhatsApp Teams
Spokesperson Dave Arnold said the tech giant is working hard to find "other opportunities for impacted employees."…
Canada Revenue Agency fires 330 employees following CERB review
All CRA employees who inappropriately claimed the benefit are required to pay back what they received.