Xerox: The company, which specializes in document management solutions and services, is cutting 15 per cent of its workforce as it restructures its business.
Unity: The video game software provider is eliminating approximately 25 per cent of its workforce, or 1,800 jobs, as part of a company-wide restructuring.
Twitch: The Amazon-owned livestreaming platform is reducing its headcount by “just over 500 jobs” in an effort to “rightsize” the business.
Amazon: The e-commerce giant is reportedly cutting “several hundred roles” in its Prime Video and MGM Studios division.
BenchSci: The Toronto-based AI and biomedical startup has eliminated 17 per cent of its workforce, or 70 jobs, as it furthers its investment into generative AI.
BlackRock: The asset manager is cutting three per cent of its workforce, or 600 jobs, as it navigates rapid changes in asset management.
Citigroup: The bank plans to eliminate 10 per cent of its workforce, or 20,000 jobs, over the “medium-term.” Reports claim this could be a three- to five-year period.
Universal Music Group: The world’s largest record label confirmed that it’s cutting jobs in the first quarter — potentially affecting hundreds of employees.
Newell Brands: The producer of Sharpie and Rubbermaid products is cutting severn per cent of its office workforce as part of an “organizational realignment.”
Google: The tech giant is reducing the size of its ad sales team by “a few hundred roles globally.”
YouTube: The Google-owned video-sharing platform is eliminating 100 positions as it restructures its business.
Rona: The home improvement retailer is closing distribution centres in Quebec and Alberta — affecting more than 300 jobs.
Microsoft: The tech giant is laying off approximately nine per cent of its gaming division — affecting 1,900 Activision Blizzard, Xbox, and ZeniMax employees.
SAP: The software firm is planning to restructure approximately 8,000 jobs as part of a “transformation program.” Some employees are expected to be offered voluntary severance packages.
Salesforce: Salesforce is terminating 700 employees and cutting benefits and travel expenses, though it still aims to hire 1,000 additional staff.
Okta: The identity management company is laying off approximately seven per cent of its workforce, or 400 employees, claiming that costs are “still too high.”
Rose Integration: The Ottawa-area precision-machining manufacturer and supplier is closing down, impacting around 50 jobs.
Zoom: The video conferencing platform said it’s ‘rescoping roles’ — resulting in a workforce reduction of 150 jobs.
Top Hat: The Toronto-based online education firm is laying off 35 employees to help it become a “self-sustaining business.”
Snap: The Snapchat maker is eliminating approximately 10 per cent of its workforce, or 500 jobs, to “reduce hierarchy and promote in-person collaboration.”
Estee Lauder: The cosmetics company plans to reduce its total headcount by at least three per cent as part of a restructuring program.
DocuSign: The online signature provider is cutting approximately six per cent of its workforce, or 440 jobs, as part of a restructuring plan.
Amazon: The e-commerce giant has reportedly eliminated hundreds of jobs across its Pharmacy and One Medical divisions.
MEC: Samfiru Tumarkin LLP is investigating reports that Mountain Equipment Company (MEC) is laying off an undisclosed number of workers as it restructures.
Grammarly: The cloud-based writing assistant is eliminating approximately 230 jobs as part of a “business restructuring.”
CPA Canada: The organization is laying off approximately 20 per cent of its workforce as CPA bodies in Ontario and Quebec prepare to sever ties in December.
BlackBerry: The tech giant announced that it has cut approximately 200 jobs, with plans to reduce its headcount further.
Instacart: The grocery-delivery giant is eliminating approximately seven per cent of its workforce, or 250 jobs, as it restructures its business.
Mozilla: The software company is cutting approximately 60 jobs as it scales back investment in several products, including its VPN, Relay, and Online Footprint Scrubber.
Rivian: The EV manufacturer is reducing its salaried workforce by 10 per cent and revealed that vehicle production for the year won’t meet industry expectations.
Electronic Arts: The video game giant is laying off approximately five per cent of its workforce and reducing office space as it restructures its business.
March
TC Energy: The energy giant has eliminated an unspecified number of jobs — primarily affecting staff in Calgary and Houston.
Fidelity International: The fund management giant plans to lay off approximately nine per cent of its global workforce, or 1,000 employees, in an effort to reduce costs.
Dorel: The Montreal-based manufacturer has eliminated approximately five per cent of its home furniture division as part of a restructuring plan.
Lightspeed: The Montreal-based tech company is cutting approximately 10 per cent of its workforce, or 280 jobs, as part of a company-wide restructuring.
Amazon Web Services: The cloud computing arm of Amazon is slashing hundreds of jobs across a variety of teams, including sales, marketing, physical stores technology, and global services.
Ubisoft: The video game giant has cut 45 jobs in its “Global Publishing central” and “APAC structures” to enhance its “collective efficiency.”
Relic Entertainment: The Vancouver-based video game developer has laid off approximately 41 employees after splitting from SEGA.
Best Buy: The consumer electronics giant is reportedly reducing the size of its in-house tech support and repair team: Geek Squad.
EXL Service: The digital services provider is cutting 800 jobs as part of a move towards generative AI.
Netflix: The streaming giant is eliminating roles in its film division as part of a “major restructure.”
McKinsey & Company: The consulting giant is reportedly laying off approximately 360 workers as it grapples with a slowdown in demand.
Smile Digital Health: Several employees of Smile Digital Health have reached out to Samfiru Tumarkin LLP for a severance package review after the company’s reported restructuring on August 7.
VTS: Multiple View The Space employees have contacted Samfiru Tumarkin LLP for a severance package review following an alleged mass layoff.
OSL Retail Services: Multiple OSL employees have contacted Samfiru Tumarkin LLP for a severance package review following an alleged mass layoff.
