Kinaxis restructures for the second time in 2024 with new layoffs

What’s happening at Kinaxis?

Samfiru Tumarkin LLP has learned that Ottawa-based supply chain management software company Kinaxis is conducting another round of layoffs in 2024, according to employees who have reached out to the firm for legal advice. While the exact number of employees affected remains unclear, this marks another significant workforce adjustment following a prior restructuring earlier this year.

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• Align Technology slashing 700 jobs after Q3 revenue miss
• Dropbox cutting 20% of staff amid ‘softening demand’
• STEMCELL Technologies cuts dozens of jobs during latest layoff round

Next steps

Non-unionized employees affected by layoffs at Kinaxis are entitled to full severance pay in Canada. This includes individuals working in any capacity – full-time, part-time, hourly, or as “independent contractors” – in Ontario, Alberta, and British Columbia.

Key Severance Facts:

• Severance Pay: Can be up to 24 months’ pay, depending on role, length of service, age, and other factors. Learn more with our severance pay resource.
• What’s Included: In addition to salary, severance may cover bonuses, commissions, and other compensation.
• Deadlines: You have up to two years from your termination date to pursue severance, regardless of any employer-imposed deadlines, which are not legally enforceable.
• Get Help: Contact Samfiru Tumarkin LLP for a severance review and to get proper compensation.

Learn more about severance rights for Kinaxis employees by visiting our detailed Kinaxis Layoff page.

Before you sign a severance package

Use our free Severance Pay Calculator to confirm if your offer is fair. This interactive tool has helped millions of Canadians confirm their entitlements. If you offer is less than the calculator’s estimate, you may have grounds for a wrongful dismissal claim – reach out to our team at Samfiru Tumarkin LLP for guidance.

LEARN MORE
• Severance pay for provincially regulated employees
• Rights to severance during mass layoffs
• Severance entitlements in a recession

WATCH: Employment lawyer Lior Samfiru explains severance rights if you’ve been downsized, on an episode of the Employment Law Show.

Major layoffs in 2024: Industry-wide impact

The layoffs at Kinaxis come amid a flurry of job cuts across Canada in 2024.

Notable companies reducing their workforce include Manulife, Dropbox, Visa, Nokia, RioCan, Meta, Boeing, and Deloitte have recently made cuts as companies adjust to economic challenges.

Talk to an employment lawyer

If you’re facing job loss or workplace issues, explore your options with our Pocket Employment Lawyer tool or contact the experienced team at Samfiru Tumarkin LLP.

Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized employees. Beyond severance packages, we can assist with issues like:

Get the advice you need and the compensation you deserve.