Tag: headwinds

Canada Drives fuels up with $10 million extension to support growth amid economic headwinds
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Canada Drives fuels up with $10 million extension to support growth amid economic headwinds

 Author: George Holt  Published Date: October 6, 2022

Despite scaling back hiring, co-CEO says Canada Drives is in “a strong position.” Vancouver-based online used vehicle retailer Canada Drives has secured an additional…

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Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
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Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds

 Author: George Holt  Published Date: September 1, 2022

Both companies are staying mum on the number of employees cut. Thoughtwire and Finaeo are among the latest Canadian startups to make layoffs in…

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Clearco cuts a quarter of staff amid “significant headwinds”
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Clearco cuts a quarter of staff amid “significant headwinds”

 Author: George Holt  Published Date: July 29, 2022

Clearco is set to lay off 125 employees, which amounts to approximately one-quarter of its team. Michele Romanow and Andrew D’Souza told employees about…

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