Tag: Conditions
Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office. Hydrogen fuel cell company Loop Energy (TSX: LPEN) is laying off 65 percent of…
Founders Assemble Summit launches to help entrepreneurs navigate current market conditions
The two-day event will feature industry professionals like Janet Bannister and Chris Neumann. Four-time founder Daniel Warner is helping to launch a new tech…
Despite market conditions, 2022 second-highest year on record for Canadian venture capital BetaKit
CVCA CEO: “Considering the macroeconomic conditions, the finish in 2022 was surprising.” After declining for three quarters, Canadian tech venture capital capped the year…
Talk of regulation, market conditions collide with glitzy behaviour at Blockchain Futurist Conference
At the crypto cabana there was no sign of a downturn. “I know there’s inflation at like eight and a half percent and gas…
Shopify’s Q2 2022 growth continued to slow amid changing e-commerce market conditions
The results come one day after a 10 percent, company-wide reduction in staff. Shopify has posted its financial results for the second quarter of…
Introhive cuts 16 percent of workforce citing market conditions
CEO said the current environment makes it challenging to fund Introhive’s high-growth strategy. Fredericton-based Introhive has made cuts to its employee base, joining a…
Clutch cuts staff to extend runway, citing market conditions
The layoffs follow a $100 million Series B secured in 2021. Online car retailer Clutch has laid off a significant portion of its employee…
Montreal Casino Staff Go on a 4-Hour Strike Over Conditions
Last Saturday, the staff from Montreal Casino opted for a strike as they could not come to a consensus through negotiations. The workers demanded better…