General Fusion cuts 25% of staff following ‘transformative’ April milestone

What’s going on at General Fusion?

General Fusion has reportedly eliminated at least 25 per cent of its workforce on the heels of a major company accomplishment.

“On April 29, we achieved a transformative milestone at our Vancouver, B.C., headquarters in Canada — we successfully compressed a large-scale magnetized plasma with lithium using our world-first LM26 fusion demonstration machine,” CEO Greg Twinney said in a post on the company’s website.

“However, today’s funding landscape is more challenging than ever…as a result of unexpected and urgent financing constraints, we are taking action now to protect our future with our game-changing technology and IP — including reducing both the size of our team and LM26 operations — while we navigate this difficult environment.”

According to LinkedIn, General Fusion currently employs more than 100 people in Canada.

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Next steps for General Fusion staff

If you’re fired or let go from General Fusion, understanding your legal rights is crucial.

Non-unionized employees in Canada are entitled to severance pay. The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.

WATCH: Employment lawyer Lior Samfiru delves into severance pay on an episode of the Employment Law Show.

Here’s what you need to know:

• Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
• Deadlines: You generally have up to two years from the date of your termination to review and negotiate severance offers.
• Action steps: Consult an employment lawyer at Samfiru Tumarkin LLP to ensure your severance package is fair and aligns with Canadian employment laws.

Major employers slashing staff

General Fusion isn’t the only notable employer scaling back their staffing levels in 2025.

Other big names, including Meta, Morningstar, Intel, Infosys, Google, Alstom, Microsoft, S&S Activewear, Siemens, HPE, Wayfair, Canada Post, Workday, ADM, Amazon, and Shopify, have also pulled out the axe.

SEE ALSO
• Estée Lauder reportedly cut all Canadian staff in Hudson’s Bay stores
• Canada’s immigration department slashing workforce by 25%
• Where are layoffs happening in Canada?

Lost your job? Contact us

If you’ve been fired or let go from General Fusion, the experienced employment law team at Samfiru Tumarkin LLP can help.

Our lawyers in British Columbia, Alberta, and Ontario have helped tens of thousands of non-unionized individuals resolve their workplace issues.

Call us today at 1-855-821-5900 or request a consultation online.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.