STEMCELL Technologies Layoffs: Number of jobs reportedly cut by biotech company
What’s happening at STEMCELL Technologies?
Samfiru Tumarkin LLP has learned that STEMCELL Technologies is reportedly laying off a number of employees. This information comes from multiple employees who have contacted Samfiru Tumarkin LLP for legal guidance. Employees have also shared news of the layoffs online.
The Vancouver-based Canadian biotech company develops and manufactures cell culture media and cell separation technologies for use in stem cell, immunology, and cancer research.
Impact on sales and product strategy
- Sales decline: There was an 8.1% decrease in large appliance sales in North America in the first quarter, compared to the previous year.
- Strategic shifts: In response to weaker demand for large appliances, Whirlpool has reduced discounts and promotions. Instead, they are focusing on smaller, countertop appliances like KitchenAid stand mixers and battery-powered blenders.
If you’re a non-unionized employee, check out our Stemcell Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
📺 WATCH: Everything You Need to Know About Mass Terminations
Lost Your Job? Get Help Now
📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.
Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.
If you’ve lost your job at Stemcell for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
More about Lior SamfiruRelated Posts
Advantage Solutions Layoffs and Severance Pay
Laid off from Advantage Solutions? Discover your rights in Canada, how severance pay is calculated, and steps to take after job loss.
WildPlay Element Parks Layoffs and Severance Pay
Laid off from WildPlay? Discover your rights in Canada, how severance pay is calculated, and steps to take after job loss.
CSN Collision Layoffs and Severance Pay
Laid off from CSN Collision? Discover your rights in Canada, how severance pay is calculated, and steps to take after job loss.