Tag: downturn
D2L increases revenues as it tries to buck market downturn
Despite increases, CEO says growth lower than expected. D2L Inc. reported its fiscal 2023 second quarter results for the period ending July 31, showing…
Shopify swaps CFO, COO amid financial downturn
CFO to exit following third quarter earnings report. E-commerce giant Shopify is shuffling its C-suite even as it continues to deal with the economic…
A|I: The AI Times – AI companies secure massive funding despite economic downturn
Plus: D-Wave, Coveo, Canada Drives among companies receiving collective $50 million for Scale AI projects. The AI Times is a weekly newsletter covering the…
‘There’s a storm coming, but we’re on a good boat.’ Daniel Eberhard talks Koho’s readiness for an economic downturn
Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale. In the last two years, the Canadian…
Canadian tech companies continue to hire despite downturn – here’s an (incomplete) list
At least 175 tech companies are still hiring in Canada. With news coming almost daily of companies making layoffs, Canadian tech can currently feel…
How startups can survive a market downturn
Times are tough for startups. A huge slowdown in growth capital has led to layoffs, rescinded job offers, and wildly tapered scaling plans. Some…
Dooly latest Vancouver startup to cut staff amid broader market downturn
Dooly has joined a growing number of Canadian tech companies to trim their workforce, laying off 12 people. Vancouver-based software startup Dooly has…
Tracking the tech downturn across Canada with data
When the party winds down, the hangover is fast to follow. It’s pretty clear that the bloom is off the rose of Canadian tech…
D2C startups not immune to downturn as Article, Mejuri make staff cuts
Two Canadian direct-to-consumer retail startups have made reductions to their employee base this week amid a broader economic downturn and unprecedented inflation rates. “The…
BetaKit Live: How to use data to survive a downturn
US and Canadian VCs crunch the numbers with Mozart Data on July 12. At this point, no tech company should be surprised by the…