Tag: Reduction
Posted in General
VerticalScope becomes latest public tech firm to make layoffs with 22 percent staff reduction
Cuts come after VerticalScope’s business deteriorated in Q4. Toronto-based VerticalScope has laid off approximately 60 employees as the company looks to “streamline its operations…
Posted in General
OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction
OpenText said it expects to cut the combined entity’s teams by 8 percent due to Micro Focus acquisition. Kitchener-Waterloo-based OpenText has closed its acquisition…
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Emissions Reduction Alberta commits $50 million for challenge focused on transitioning to low-emissions economy
Applications are open to previously initiated projects that stalled “due to the current economic situation.” Emissions Reduction Alberta (ERA) has committed $50 million to…