Remote Work: Understanding CRA Guidelines
Remote work arrangements have risen in the post-COVID era, and with the CRA’s new guidance for remote work as of January 1, 2024, it is imperative for employers to review …
McKinsey Layoffs: Trimming 3% of the Workforce
What is the reason for McKinsey Layoff? McKinsey & Co., the global consulting powerhouse, has announced a strategic move to streamline its workforce, targeting approximately 360 positions worldwide. This decision, …
RBC Fires CFO Over Breach of Conduct
Why did RBC fire CFO Nadine Ahn? In a bold move reflecting its commitment to upholding ethical standards, Royal Bank of Canada (RBC) has terminated its Chief Financial Officer, Nadine …
Contractor Rights: Severance Packages Explained
What determines whether you’re entitled to a severance package as a contractor? Just because your contract labels you an “independent contractor” does not mean you will be treated that way …
Severance Package: What You Need to Know
What Should You Consider When Assessing Your Severance Package? A person’s job represents something so fundamental to their day-to-day life and sense of purpose that if they are let go …
Nike Layoffs: Restructuring for Growth
Why Nike plans to layoff 1,500 employees? Nike has announced a significant move in its ongoing restructuring efforts, revealing plans to trim its workforce by 2%, or more than 1,500 …
Instacart Layoffs: Restructuring in Progress
Why is Instacart Downsizing Its Workforce? Instacart layoffs impact 250 employees, equivalent to about 7% of its total workforce, in a bid to restructure its operations. Instacart layoffs announcement coincided …
Severance Packages: Untangling the Complexities
What is the importance of a severance package? A person’s job represents something so fundamental to their day-to-day life and sense of purpose that if they are let go from …
Bell Media Layoffs: Bell Cutting 4,800 Jobs
Details of Bell Media Layoffs Bell Media announces yet another significant restructuring. This new round of Bell Media layoffs reduces the company’s workforce by 9%. This move includes selling nearly …
Layoffs at Snap: Tech Layoffs Still Going Strong
Why is Snap laying off workers? Snap Inc., the powerhouse behind Snapchat, takes a significant step by reducing its global workforce by roughly 10%, affecting around 530 employees. The layoffs …