Global Layoff Trends: Exploring Current Workplace Realities
Why is there a Sudden Surge in Global Layoffs? A recent poll of human resource leaders across Canada, the United States, the United Kingdom, Australia and France has shown that …
Yellow Corporation Layoffs & Facing Closure
Trucking company Yellow Corporation layoffs 150 employees. In a shocking turn of events, Yellow Corporation, the third-largest less-than-truckload company, has announced the permanent termination of its Canadian staff, citing financial …
Canaccord’s Layoffs: Reasons Behind Staff Reductions
Why is Canaccord Genuity Corp. implementing significant staff reductions? Canaccord layoffs at company are an unfortunate side-effect of tough economic conditions and higher interest rates. Canaccord Genuity Corp. is making …
UBS Layoffs: Reshaping the Banking Landscape
UBS layoffs, Major Shake Up in Banking: In a groundbreaking development following the emergency takeover of Credit Suisse Group, UBS Group has unveiled plans for substantial job cuts that are …
Grubhub Layoffs 15% of Corporate Workforce
What is the reason behind the Grubhub layoffs? Grubhub, a prominent food delivery brand, is undergoing a significant workforce reduction, with 400 corporate employees being laid off. This decision, which …
Shopify Layoffs: Workforce Reduction and Severance Pay
Why is Shopify implementing a second round of major layoffs? Ottawa-based Shopify Inc. made a significant announcement on Thursday, revealing its plans to reduce its workforce by 20 percent. This …
Morgan Stanley Layoffs Reflect Wall Street Slump
Why are major advisory firms resorting to job cuts? Wall Street’s decline in IPOs and mergers has led major advisory firms like Morgan Stanley, Bank of America, and Citigroup to …
Dropbox Layoffs: Severance Pay for Impacted Employees
Dropbox has announced its plans to reduce its workforce by 16%, or approximately 500 employees, due to slowing growth and economic pressures on its customers. CEO Drew Houston explained that …
Layoffs At Lyft : New CEO Announces Significant Job Cuts
Lyft, the ride-sharing app popular in North America, has announced that it will lay off a significant number of employees. The decision was made by the newly appointed CEO, David …
McDonald’s Canada Layoffs & Severance Pay
McDonald’s has recently announced a round of layoffs that may impact workers internationally, and this news has left many employees wondering about their rights and entitlements. As employment lawyers, we …