Tag: workforce
Future workforce: where Gen Z wants to work and how startups can support them
Waterloo’s Work-Learn Institute data finds Gen Z is looking for growth, impact, security, and balance. Like every generation before them, Gen Z grew up…
Wattpad lays off 15 percent of workforce
Interim president says cuts come despite best efforts to limit economic impact. Wattpad is cutting its staff by 15 percent. Wattpad announced the news…
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…
Canadian tech hubs not immune to downturn as Communitech lays off 10 percent of workforce
Innovation hub sees second significant staff reduction since 2019 provincial budget cuts. With the ongoing economic downturn impacting tech companies large and small, layoffs…
Infosys boosts Calgary hiring plans as it looks to double Canadian workforce to 8,000 employees
As Calgary office opens, Infosys commits to bringing 1,000 jobs to the city by 2024. Indian-based digital services and consulting giant Infosys has announced…
AI startup Ada cuts 16 percent of its workforce
CEO cites tightening economy as Ada cuts 78 positions. Artificial intelligence (AI) startup Ada is the latest tech firm to announce layoffs amid tightening…
SkipTheDishes lays off 350 employees following global workforce review by parent company Just Eat
Just Eat cited the need to ensure sustainable growth. SkipTheDishes has laid off 350 employees, with its parent company citing a need to ensure…
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…
TrackTik acquired by US security workforce management firm Trackforce
The two companies consolidated to better track security operations. Montréal-based SaaS startup TrackTik has been acquired by California company Trackforce Valiant. Both companies offer…
BBTV reduces workforce by 14 percent following revenue decline in Q1
Layoffs continue to sweep Canada’s tech sector. BBTV Holdings has announced that it will be reducing its total headcount by approximately 14 percent, joining…