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Here are the companies that laid off Canadian workers in 2023

Here are the companies that laid off Canadian workers in 2023

By Omayma othmani

Published: March 14, 2023

The wave of layoffs that began in 2022, leaving thousands of Canadian workers unemployed, continues this year as recession forecasts loom and the contraction in the technology sector deepens.

And these are the companies that have said goodbye to Canadian workers so far this year:

Benevity Company:

The Calgary-based company that creates software focused on philanthropy revealed plans to reduce its team by 14 percent, leaving 137 workers without jobs in January.

Smiths Falls, Ontario:

The cannabis company announced plans to lay off 800 employees – 35 percent of its workforce – in February in an attempt to help the company become profitable.

Lightspeed Commerce Inc:

The Montreal-based e-commerce software company laid off 300 workers – about 10 percent of its employees – in January, with most coming from management. The company also said this step aims to help it consolidate many of the companies it recently acquired and already has plans to hire between 150 and 200 additional employees.

Google:

Canadian Google employees affected by the layoff of 12,000 people, as the tech giant announced in mid-January, began being notified of their termination in early February.

Hootsuite Inc:

The Vancouver social media technology company reduced seven percent of its staff – about 70 people – in its third job cut last year.

Hudson's Bay Co:

The department store chain said it cut two percent of its workforce, estimated at around 250 employees, in January.

Meta Platforms Inc:

The company behind Facebook and Instagram announced in mid-March that it will lay off 10,000 employees. The company had laid off 13 percent or 11,000 workers in November 2022.

Nordstrom:

The Seattle-based chain announced in early March that it will close all its Canadian stores, leaving 2,500 employees unemployed.

Thinkific Labs Inc:

The Vancouver edtech company eliminated 76 jobs from its workforce in January, with CEO Greg Smith saying it was a necessary step to reach profitability.

VerticalScope:

The Toronto-based tech company owned by the company that acquired Torstar Corp said in February it will lay off about 60 employees, or 22 percent of the company’s workforce, to help it navigate the current economic environment.

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