Tech Layoffs
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Microsoft to lay off another 4,800 workers, including Xbox gaming divisionMicrosoft said on Monday it would cut 4,800 jobs, or about two per cent of its global workforce, including its Xbox gaming business.TechJul 7
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Google lays off hundreds amid pledge to reduce costsHundreds of jobs are set to be cut after executives at Google and its parent company Alphabet pledged to reduce costs.TechJan 11, 2024
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LinkedIn lays off 668 employees in 2nd round of job cuts this yearLinkedIn had in May decided to cut 716 jobs across sales, operations and support teams to streamline its operations and remove layers to help make quicker decisions.WorldOct 16, 2023
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Canada’s tech sector latest industry to experience shift away from remote workWhile companies in other industries are also increasingly mandating workers back to the office at least a few days every week, the tech sector's shift is notable.EconomySep 6, 2023
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What is a ‘richcession’? And will it spare the economy from a full-blown downturn?While service sector workers were affected by restaurant and retail chain closures at the start of the pandemic, experts say the pendulum might be swinging the other way.CanadaAug 4, 2023
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Canada is banking on a ‘digital nomad’ strategy to win the race for tech talentCanada is in a 'global race' for highly skilled tech workers, and that's why Immigration Minister Sean Fraser says the government is taking new measures to attract them.CanadaJun 27, 2023
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LinkedIn cutting 716 jobs in latest round of tech layoffsLinkedIn CEO Ryan Roslansky said the move to cut roles in its sales, operations and support teams was aimed at streamlining the company's operations.MoneyMay 10, 2023
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Shopify stock soars as it cuts staff again. Here’s what to knowCanada's Shopify Inc. says it will reduce its headcount by about 23 per cent and sell its logistics business to Flexport, a supply chain management company.TechMay 4, 2023
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Shopify president says no more layoffs coming as tech cuts continueShopify was among the first of the world's tech giants to lay off staff in a summer cut that impacted 1,000 workers - roughly 10 per cent of staff.TechFeb 17, 2023
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Layoffs, boomers, interest rates: Why Canada’s jobs market shows ‘no signs of slowing’The 150,000 new jobs recorded in January was 10 times more than expected, one economist noted.EconomyFeb 14, 2023
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