Tag: cuts
Meta’s additional staff cuts further call into question Facebook parent’s Canadian hiring plans
Meta plans to shed 10,000 employees, scale back hiring in second major round of layoffs since November. Meta Platforms has decided to lay off…
F|T: The FinTech Times – Canadian regulators tighten crypto rules as Dapper Labs cuts staff, faces class action
Plus: Ant profit falls 83 percent. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If…
Dapper Labs cuts another 20 percent of staff while fending off class action suit
The move marks Dapper Labs’ second round of layoffs since November as it contends with declining NFT sales. Vancouver-based Web3 company Dapper Labs has…
Ada latest Canadian unicorn to make additional staff cuts
The layoffs come four months after Ada reduced its staff by 16 percent. Canadian AI unicorn Ada has undergone a second round of layoffs…
S|W: The SaaS Weekly – Hootsuite swaps CEOs amidst third set of staff cuts
Plus: Magnet Forensics gets acquired in $1.8 billion CAD deal. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and…
H|T: The Healthtech Times – Carbon Health cuts staff, closes $100M
Plus: LeanTaas and Hospital IQ join forces. The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe…
Clearco CEO Michele Romanow steps down as company cuts almost 30 percent of staff
Andrew Curtis now CEO as company hopes latest exec change will lead to cash flow break-even in 2023. Like her predecessor, Clearco’s Michele Romanow…
S|W: The SaaS Weekly – Salesforce latest Big Tech company to make cuts in Canada
Plus: ApplyBoard swaps CEOs. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W…
Salesforce layoffs show Canadian employees caught in ongoing Big Tech cuts
Layoffs at major US tech firms continue to hit Canada, Salesforce joins Amazon, Meta, Twitter. Canadian workers continue to feel the impact of mass…
CEO of Briza steps down as insurtech startup cuts close to half of its staff
Briza’s leadership includes FreshBooks founder Mike McDerment and former director of engineering Rishi Sharma. The CEO of Toronto-based insurtech Briza stepped down last week…