layoffs

Canada

Projecting $50M deficit, Mohawk College president warns of layoffs, blames government policies

The president of Mohawk College, Paul Armstrong, recently revealed that the institution is facing a $50-million deficit in the 2025-2026…

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Business

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite…

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Business

Canada’s Greener Homes program is ending. Thousands of layoffs could follow

As the federal government’s popular Canada Greener Homes grant program comes to a close, the energy audit industry could crumble…

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Politics

CBC CEO grilled by MPs over management ‘bonuses’ with layoffs looming

Catherine Tait, CBC/Radio-Canada’s president and CEO, faced angry MPs Tuesday over the company’s refusal to rule out performance pay for…

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Canada

Cap on international study permits sparks fear of rising tuition, program cuts, layoffs on campus

Vicky Quao was in class this week when she got an email about a new two-year cap on international student…

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Business

Mass layoffs at Sports Illustrated cast doubt on future of storied magazine

First published in 1954, Sports Illustrated could be characterized as a part of sports history. But word of mass layoffs at…

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Entertainment

2023 was a banner year for video games — and video game industry layoffs

The past calendar year has been a banner one for best-selling, critically acclaimed video games. Blockbuster titles like Alan Wake 2,…

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Business

Toymaker Hasbro will cut 900 jobs in addition to earlier layoffs

Hasbro said on Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would…

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Politics

With layoffs looming, CBC execs want foreign streaming giants to pay more to support Cancon

A day after CBC/Radio-Canada announced it plans to slash its staff by about 10 per cent to address mounting budget…

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Business

Spotify cutting 17 per cent of workforce in 3rd round of layoffs this year

Music streaming giant Spotify said on Monday that it will lay off 1,500 employees, or 17 per cent of its workforce, to…

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