Absolute Software Corp.: The Vancouver-based security software company said it would cut about 40 jobs as part of an April restructuring plan to reduce its operating expenses.
Canopy Growth Corp.: The Smiths Falls, Ont. cannabis company announced plans to shed 800 staff — 35 per cent of its workforce — in February in an effort to help the business reach profitability. Clutch: The online car retailer reduced its team from 231 to 81 people in January with its chief executive Dan Park citing a"challenging microeconomic environment.''
Hudson's Bay: The department store chain said it was letting go of two per cent of its workforce, estimated to be about 250 employees, in January. The corporate roles were concentrated at The Bay and Hudson's Bay, the retailer's online and brick-and-mortar operations, and meant to help it navigate"significant external pressures.''
Postmedia Network Corp.: Sources told The Canadian Press in January that the newspaper publisher behind publications like the National Post, Vancouver Sun and Calgary Herald would lay off 11 per cent of its editorial staff. Days later, unions said the company had cut more than 75 jobs by outsourcing the printing and inserting of the Windsor Star.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »