Resources

Layoffs

Reams of paper, manufactured using product from pulp mills like AV Terrace Bay.
Employment Law January 2nd, 2024

AV Terrace Bay Layoffs: 400 workers affected as pulp mill production halted

By Lior Samfiru

AV Terrace Bay has announced a temporary halt to its Terrace Bay, Ontario pulp mill operations, impacting approximately 400 employees.

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severance pay for cibc employees
Employment Law November 30th, 2023

CIBC Layoffs: 2,400 jobs cut despite rising profit and dividend increase

By Lior Samfiru

CIBC has confirmed that it has cut nearly 2,400 jobs, representing about 5% of its full-time workforce, over the past year.

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kpmg, kpmg severance pay
Employment Law June 26th, 2023

KPMG Layoffs: 5% job cuts amid economic pressures

By Lior Samfiru

KPMG is set to reduce its U.S. workforce by 5% in response to ongoing economic challenges and lower employee turnover.

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A financial chart, potentially relied upon by Mackenzie Investments employees.
Employment Law June 20th, 2023

Mackenzie Investments layoffs: 4% of workforce cut, including executives, in restructuring

By Lior Samfiru

Mackenzie Investments has laid off approximately 50 employees as part of a significant restructuring effort led by the firm's new CEO.

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A hard helmet, potentially worn by a Voith employee, sits on the ground.
Employment Law February 5th, 2015

Voith layoffs: 1,600 jobs cut amid worldwide restructuring

By Lior Samfiru

Voith is moving forward with a reduction of its global workforce by up to 1,600 jobs as part of a major restructuring…

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