Report: Canadian video software company Vidyard slashes 20% of staff
Grappling with slowing demand, Vidyard is reportedly scaling back its staffing levels.
According to JustLayoffs.com, the Kitchener-based video software company has cut approximately 20 per cent of its workforce.
The report claims that Vidyard hired more people than it needed — expecting the strong demand it experienced during the COVID-19 pandemic to continue.
Several laid-off employees have contacted Samfiru Tumarkin LLP. Our experienced employment lawyers are following up with affected staff to better understand the situation.
Vidyard employs a total workforce of more than 300 people, according to the company’s website.
If you’re a non-unionized employee, check out our Vidyard Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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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 Vidyard 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.
Contact your union immediately. By law, employment lawyers can’t represent unionized employees.
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.
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