Resources

Layoffs

A photo an excavator on the side of a cliff. (Photo: Artyom Korshunov / Unsplash)
Employment Law December 4th, 2024

Vale laying off staff company-wide to remain competitive

By Lior Samfiru

Jeff Gaulin, the miner's general manager of corporate affairs, said the company is facing "incredible challenges."…

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A larger, rolling farmer's field extends off into the distance, with a slightly cloudy blue sky visible overhead. Cargill employees who lose their job are entitled to a severance package.
Employment Law December 4th, 2024

Cargill cutting 8,000 jobs, 5% of global workforce as profits hit lowest levels in nearly a decade

By Lior Samfiru

Cargill is restructuring its workforce, cutting 5% of its global workforce after profits hit an eight-year low.

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

Torn Banner Studios announces layoffs amid ongoing industry challenges

By Lior Samfiru

Torn Banner Studios, the Chivalry 2 developer, has announced layoffs due to restructuring as the gaming industry faces widespread challenges.

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IT employees conduct work on hardware and software, potentially supplied by Ingram Micro.
Employment Law December 3rd, 2024

Ingram Micro laying off 850 employees amid restructuring efforts following public listing

By Lior Samfiru

Ingram Micro announces 850 job cuts as part of a major restructuring effort following its public listing. Learn more about the changes.

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A laptop displays coding in various windows. Lightspeed employees are entitled to severance pay when they lose their job.
Employment Law December 2nd, 2024

Lightspeed cuts 7% of staff in second round of layoffs in 2024

By Lior Samfiru

Lightspeed Commerce announces its second round of layoffs in 2024, cutting 7% of its workforce as part of a restructuring.

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A photo of a person inserting a battery charger into an electric vehicle. (Photo: CHUTTERSNAP / Unsplash)
Employment Law December 2nd, 2024

Lion Electric temporarily laying off 400 workers, second round of 2024

By Lior Samfiru

The latest reduction affects more than 50 per cent of the Quebec-based electric vehicle maker's remaining workforce.

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A computer monitor displays many lines of code, perhaps used on the Questrade platform.
Employment Law December 2nd, 2024

Questrade announces strategic cuts amid November 2024 restructuring

By Lior Samfiru

Questrade layoffs November 2024: Learn about severance pay and your rights. Contact Samfiru Tumarkin LLP for expert advice.

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A photo of a person looking at multiple computer screens. (Photo: Mohammad Rahmani / Unsplash)
Employment Law November 22nd, 2024

Salesforce Layoffs: Jobs to be cut at ‘Own’ following $2B acquisition

By Lior Samfiru

The update comes just months after Salesforce acquired the New Jersey-based data management startup in September.

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Sparks fly as a piece of equipment cuts holes into silver chunks of metal. Manufacturing sector employees are entitled to severance pay.
Employment Law November 22nd, 2024

Bosch to cut 5,500 jobs, reduce hours for 10,000 employees amid auto industry slump

By Lior Samfiru

Bosch to cut 5,500 jobs and reduce hours for 10,000 employees amid declining auto demand and industry overcapacity.

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