January

• Xerox: The company, which specializes in document management solutions and services, is cutting 15 per cent of its workforce as it restructures its business.
• Unity: The video game software provider is eliminating approximately 25 per cent of its workforce, or 1,800 jobs, as part of a company-wide restructuring.
• Twitch: The Amazon-owned livestreaming platform is reducing its headcount by “just over 500 jobs” in an effort to “rightsize” the business.
• Amazon: The e-commerce giant is reportedly cutting “several hundred roles” in its Prime Video and MGM Studios division.
• Google: The tech giant is eliminating hundreds of roles across its Assistant, hardware, and engineering teams in an effort to cut costs.
• Dehumidified Air Solutions: The indoor pool HVAC company has laid off more than 80 employees as it shifts its Ottawa operations to Montreal.
• Discord: The voice, video and text app is eliminating 17 per cent of its workforce, or 170 jobs, to “bring more agility to our organization.”
• Indigo: The Canadian retailer has laid off an undisclosed number of employees as part of its strategic plan.
• BenchSci: The Toronto-based AI and biomedical startup has eliminated 17 per cent of its workforce, or 70 jobs, as it furthers its investment into generative AI.
• BlackRock: The asset manager is cutting three per cent of its workforce, or 600 jobs, as it navigates rapid changes in asset management.
• Citigroup: The bank plans to eliminate 10 per cent of its workforce, or 20,000 jobs, over the “medium-term.” Reports claim this could be a three- to five-year period.
• Universal Music Group: The world’s largest record label confirmed that it’s cutting jobs in the first quarter — potentially affecting hundreds of employees.
• Instagram: The Meta-owned social media platform has removed a layer of management — eliminating 60 technical program manager positions.
• Newell Brands: The producer of Sharpie and Rubbermaid products is cutting severn per cent of its office workforce as part of an “organizational realignment.”
• Google: The tech giant is reducing the size of its ad sales team by “a few hundred roles globally.”
• YouTube: The Google-owned video-sharing platform is eliminating 100 positions as it restructures its business.
• Amazon: The e-commerce giant is cutting less than five per cent of its “Buy with Prime” unit in a bid to cut costs.
• The Source: The Canadian electronic chain owned by Bell is shutting over 100 stores in 2024, and rebranding 165 as Best Buy Express stores.
• Wayfair: The online furniture retailer is slashing 1,650 jobs globally, including 50 in Ontario.
• Brex: The expense management startup is eliminating approximately 20 per cent of its workforce, or 282 jobs, as it restructures its business.
• eBay: The e-commerce company is slashing nine per cent of its full-time workforce, or 1,000 jobs, in an effort to make the company “more nimble.”
• Rona: The home improvement retailer is closing distribution centres in Quebec and Alberta — affecting more than 300 jobs.
• Microsoft: The tech giant is laying off approximately nine per cent of its gaming division — affecting 1,900 Activision Blizzard, Xbox, and ZeniMax employees.
• Levi Strauss: The denim giant is planning to eliminate 10 to 15 per cent of its corporate workforce as part of a multi-year global productivity initiative.
• Flexport: The logistics provider is reportedly planning to eliminate nearly 20 per cent of its workforce “in the coming weeks.”
• SAP: The software firm is planning to restructure approximately 8,000 jobs as part of a “transformation program.” Some employees are expected to be offered voluntary severance packages.
• Salesforce: Salesforce is terminating 700 employees and cutting benefits and travel expenses, though it still aims to hire 1,000 additional staff.
• UPS: The package giant is planning to eliminate approximately 12,000 jobs in an effort to realign its resources in 2024.
• Enbridge: Reports suggest that Enbridge is laying off 650 employees across the company.
• PayPal: The payments firm is cutting approximately nine per cent of its workforce in an effort to “right-size” the business.
• Dell Canada: The tech giant is allegedly laying off a significant number of employees in sales and marketing roles, according to reports.
• Harmon: Samfiru Tumarkin LLP is investigating reports that the construction company has laid off approximately 50 employees.

February

• Deutsche Bank: The investment bank plans to eliminate approximately 3,500 jobs in an effort to improve operational efficiency.
• Okta: The identity management company is laying off approximately seven per cent of its workforce, or 400 employees, claiming that costs are “still too high.”
• Rose Integration: The Ottawa-area precision-machining manufacturer and supplier is closing down, impacting around 50 jobs.
• Staples Canada: The retailer is laying off an undetermined number of head office staff.
• Zoom: The video conferencing platform said it’s ‘rescoping roles’ — resulting in a workforce reduction of 150 jobs.
• Top Hat: The Toronto-based online education firm is laying off 35 employees to help it become a “self-sustaining business.”
• Snap: The Snapchat maker is eliminating approximately 10 per cent of its workforce, or 500 jobs, to “reduce hierarchy and promote in-person collaboration.”
• Estee Lauder: The cosmetics company plans to reduce its total headcount by at least three per cent as part of a restructuring program.
• DocuSign: The online signature provider is cutting approximately six per cent of its workforce, or 440 jobs, as part of a restructuring plan.
• Amazon: The e-commerce giant has reportedly eliminated hundreds of jobs across its Pharmacy and One Medical divisions.
• MEC: Samfiru Tumarkin LLP is investigating reports that Mountain Equipment Company (MEC) is laying off an undisclosed number of workers as it restructures.
• Grammarly: The cloud-based writing assistant is eliminating approximately 230 jobs as part of a “business restructuring.”
• CPA Canada: The organization is laying off approximately 20 per cent of its workforce as CPA bodies in Ontario and Quebec prepare to sever ties in December.
• BlackBerry: The tech giant announced that it has cut approximately 200 jobs, with plans to reduce its headcount further.
• Boundless Learning: The educational technology company began laying off approximately 15% of its staff as early as Feb. 6.
• Instacart: The grocery-delivery giant is eliminating approximately seven per cent of its workforce, or 250 jobs, as it restructures its business.
• Mozilla: The software company is cutting approximately 60 jobs as it scales back investment in several products, including its VPN, Relay, and Online Footprint Scrubber.
• Cisco: The tech giant is laying off approximately five per cent of its workforce — affecting more than 4,000 jobs.
• Cascades Inc: The packaging company is laying off 310 employees and closing its Trenton and Belleville plants in Ontario for various reasons.
• Catalent: The drug maker is cutting its staff by approximately 300 employees as part of its restructuring plans.
• Nike: The sportswear giant is eliminating more than 1,500 jobs, or approximately two per cent of its workforce, as it works to “reignite” growth.
• Walmart Canada: The retail giant is reportedly restructuring, a move that impacts multiple roles including its home delivery drivers.
• BuzzFeed: The digital media company is eliminating approximately 16 per cent of its workforce and selling Complex to NTWRK for US$108.6 million.
• Vice Media: The digital media company is laying off “several hundred” employees and has reportedly stopped publishing content on Vice.com.
• Expedia: The travel technology company is laying off approximately 1,500 employees, according to a memo to staff from its CEO.
• Sony: The tech giant is eliminating approximately eight per cent of its total workforce, or 900 jobs, and closing its PlayStation London studio.
• Rivian: The EV manufacturer is reducing its salaried workforce by 10 per cent and revealed that vehicle production for the year won’t meet industry expectations.
• Electronic Arts: The video game giant is laying off approximately five per cent of its workforce and reducing office space as it restructures its business.

March

• TC Energy: The energy giant has eliminated an unspecified number of jobs — primarily affecting staff in Calgary and Houston.
• Fidelity International: The fund management giant plans to lay off approximately nine per cent of its global workforce, or 1,000 employees, in an effort to reduce costs.
• Dorel: The Montreal-based manufacturer has eliminated approximately five per cent of its home furniture division as part of a restructuring plan.
• IBM: The tech giant is reportedly laying off staff in its marketing and communications division.
• Shell: The energy producer is planning to eliminate at least 20 per cent of its deals division as it restructures its business units.
• Unilever: The consumer goods giant is cutting approximately 7,500 jobs and spinning off its ice cream business.
• Barclays: The financial services company is reportedly planning to eliminate hundreds of roles in its investment banking division.
• Mold-Masters: The plastic processing equipment manufacturer has laid off an unspecified number of employees dues to ‘structural changes.’
• MarineLand: Online reports claimed that MarineLand was closing its doors for good after 63 years, however the park denies the rumours.
• Dell: Dell Technologies has announced a significant reduction in its workforce, cutting as many as 6,000 employees.
• Canada Goose: The winter gear manufacturer is laying off 800 employees following a warm winter and lower consumer demand.
• Li-Cycle: The Toronto-based battery recycler is eliminating approximately 17 per cent of its workforce as part of an organizational restructuring.
• Telus: Telus is reportedly restructuring and laying off an unspecified number of Canadian employees.

April

• FedEx: The delivery giant is eliminating a “small percentage” of staff in an effort to “streamline and realign functions.”
• Simmons Foods: The pet food producer is closing its Streetsville, Mississauga plant in November and laying off hundreds of employees.
• Lightspeed: The Montreal-based tech company is cutting approximately 10 per cent of its workforce, or 280 jobs, as part of a company-wide restructuring.
• Intel: The tech giant has reportedly eliminated an unspecified number of positions in its sales and marketing division.
• Amazon Web Services: The cloud computing arm of Amazon is slashing hundreds of jobs across a variety of teams, including sales, marketing, physical stores technology, and global services.
• Ubisoft: The video game giant has cut 45 jobs in its “Global Publishing central” and “APAC structures” to enhance its “collective efficiency.”
• Relic Entertainment: The Vancouver-based video game developer has laid off approximately 41 employees after splitting from SEGA.
• Best Buy: The consumer electronics giant is reportedly reducing the size of its in-house tech support and repair team: Geek Squad.
• EXL Service: The digital services provider is cutting 800 jobs as part of a move towards generative AI.
• Netflix: The streaming giant is eliminating roles in its film division as part of a “major restructure.”
• McKinsey & Company: The consulting giant is reportedly laying off approximately 360 workers as it grapples with a slowdown in demand.
• Tesla: The automaker is eliminating more than 10 per cent of its global workforce as it navigates a slowdown in sales and an ongoing price war for electric vehicles.
• SAP Canada: Multiple online reports point to over 100 employees being laid off in Vancouver and Montreal.
• Take-Two Interactive: The video game developer is cutting approximately five per cent of its workforce, or 600 jobs, as part of a cost-reduction plan.
• Rivian: The automaker has eliminated approximately one per cent of its workforce as EV demand continues to cool.
• Google: The tech giant is reportedly reducing the size of various teams, including real estate and finance.
• Gameloft: Samfiru Tumarkin LLP has received reports that the video game publisher is reducing the size of its Canadian workforce.
• Whirlpool Canada: The company is laying off approximately 1,000 employees due to sluggish home sales in North America.
• Google: The tech giant has reportedly trimmed several teams, including Dart, Flutter, and Python, ahead of its annual I/O developer conference.
• Tesla: The automaker is reportedly planning to lay off senior executives and the majority of its Supercharging team.

May

• Hudson’s Bay: The retail giant is eliminating less than one per cent of its workforce as part of a “realignment” of its organizational structure.
• Kinaxis: Supply chain management company Kinaxis is reportedly laying off 6% of its staff due to restructuring.
• Kenvue: The Tylenol-maker is laying off 4% of its workforce after beating quarterly profit estimates.
• Tesla: The automaker is reportedly trimming various segments of the company, including software, services, and engineering.
• Xbox: The popular gaming brand owned by Microsoft is reportedly closing several studios — including Alpha Dog Games in Canada.
• Walmart: The retail giant is reportedly cutting hundreds of corporate jobs and closing its tech hub in Toronto.
• Indeed: The job site is eliminating approximately eight per cent of its workforce, or 1,000 positions, in an effort to “simplify” its organization.
• Bayer: In its Q1 earnings call, Bayer announced that 1,500 staff were laid off as part of a major global overhaul.
• Under Armour: The sportswear giant is scaling back its staffing levels as it grapples with a slowdown in sales.
• Laurentian Bank: The Canadian lender is trimming its headcount and exiting the equity research business.
• Phoenix Labs: The Canadian video game developer has reportedly eliminated dozens of jobs as part of a major restructuring.
• Lucid Motors: The automaker is slashing approximately six per cent of its workforce, or 400 jobs, as it restructures its business.
• Home Hardware: The home improvement retailer eliminated an undisclosed number of jobs in response to the “current economic landscape.”
• Fisker: The automaker is reportedly cutting jobs in Canada and the U.S. as part of a major restructuring.
• Nike: The sportswear giant has reportedly trimmed the Department of Nike Archives (DNA) as it restructures its business.
• Google: The tech giant reportedly reduced the size of several teams in its Cloud unit to cap off May.
• Takeda: The pharmaceutical giant is implementing significant layoffs in the U.S. as part of its $900 million restructuring plan.

June

• Microsoft: The tech giant is reportedly reducing the size of its Azure cloud and mixed reality units.
• MaRS: The Toronto-based agency has reportedly eliminated approximately 20 jobs as it “resets” its business model.
• Stifel Financial: A company spokesperson said the undisclosed job cuts have been brought on by current market conditions and a need to cut costs.
• WillScot of Canada: Samfiru Tumarkin LLP has learned that WillScot of Canada has reportedly terminated at least 10% of its workforce across Canada and the U.S.
• Ineos Styrolution: The plastics company is permanently shutting down its Sarnia plant by June 2026 after regulatory scrutiny over benzene emissions.
• Vancity: Samfiru Tumarkin LLP has learned that credit union Vancity has reportedly terminated numerous employees as part of restructuring.
• Sumo Group: The layoffs affect staff across various Canada and Poland, with the Timbre Games closure putting 100 employees out of work.
• Onsemi: The Arizona-based company announced it will cut its global workforce by approximately 1,000 employees.
• Rivian: The electric vehicle maker has initiated another round of layoffs, the third time within the past year due to a cooling demand for EVs.
• Memory Express: Reports claim that Memory Express is reportedly closing all Ontario locations and laying off a significant number of employees.
• UWindsor: The university is cutting 10 jobs amid a $5.6 million budget shortfall.
• STEMCELL Technologies: The Canadian biotech company is reportedly laying off a number of employees across the country.
• Ontario Science Centre: Over 50 food service workers will be laid off in the near future as a result of the closure of the iconic Toronto attraction.
• Gameloft: The game developer has laid off 49 employees at its Toronto studio as part of a “reduction in workforce” due to lower production demands.
• Ubisoft: The game developer is terminating 33 employees at its Toronto studio, as the video game maker continues to experience the industry-wide wave of layoffs.
• OpenText: The company is eliminating 1,200 jobs as part of a “Business Optimization Plan,” or ‘OpenText 3.0.”
• Microsoft: The massive computer company is cutting product and program management roles as it aims to maintain profit margins.
• Dyson: The tech company is cutting 1,000 employees in the UK as part of a broader global reduction due to ‘fierce competition.’
• UiPath: The company announced that it is laying off 10% of its workforce following a reshuffling of its executives.
• Intuit: The tax prep company is closing its Edmonton office and laying off 1,800 employees.
• Cargill: The agriculture giant is cutting 200 tech jobs globally as it pursues ‘new digital technology.’

July

• UKG: The HR software company is laying off 14% of its workforce, or 2,200 of its 15,000 global employees, to focus on “critical areas of growth.”
• SNDL: The Calgary-based cannabis retailer is cutting 106 full-time positions, reflecting ongoing challenges in Alberta’s legal cannabis sector.
• Amdocs: The software giant Amdocs is laying off 1,500-3,000 employees globally, affecting up to 10% of staff, despite the company’s strong performance.
• Cohere: The tech company has fired 20 employees shortly after a successful $500M funding round.
• Saks Global: The retailer is merging Saks.com, Saks Fifth Avenue, and Saks Off 5th under one roof, resulting in 100 layoffs and new appointments.
• John Deere: Media outlets report that numerous John Deere employees took part in termination meetings Wednesday morning as part of a global layoff at the farm equipment manufacturer.
• Avaya: The company is cutting 3% of its workforce to focus core business segments like contact centres.
• SAP: The software company is cutting at least 1,000 more jobs than previously anticipated due to an ‘AI overhaul.’
• Intel: The chipmaker is planning thousands of job cuts to reduce costs and fund a $10B rebound strategy.
• Twitch: Employees are preparing for another wave of layoffs amid slowing user growth and profitability concerns.
• Bench Accounting: Employees are reporting to Samfiru Tumarkin LLP that Bench Accounting has laid off 4-5% of its staff.
• Bungie: 17% of its workforce has been slashed as a result of overambitious expansion and economic pressures, according to Bungie CEO Pete Parsons.
• Lion Electric: The electric vehicle maker is laying off 300 employees, ramping down production as revenue drops and losses mount.

August

• Dell: Employees have reported another layoff at the tech company citing a move to create a new AI-focused sales unit.
• Smile Digital Health: Several employees of Smile Digital Health have reached out to Samfiru Tumarkin LLP for a severance package review after the company’s reported restructuring on August 7.
• VTS: Multiple View The Space employees have contacted Samfiru Tumarkin LLP for a severance package review following an alleged mass layoff.
• OSL Retail Services: Multiple OSL employees have contacted Samfiru Tumarkin LLP for a severance package review following an alleged mass layoff.
• Cisco: The tech company is reportedly planning to lay off as many as 4,000 employees.
• Sonos: The smart speaker company is laying off approximately 6% of its workforce due to product issues, impacting over 100 employees.
• Mastercard: The payment processing company is reducing its global headcount by 3%, affecting around 1,000 employees out of it’s 33,400 strong workforce.
• General Motors Canada: The automaker is laying off more than 1,000 salaried employees globally, including a “small percentage” at its Canadian Technical Center.
• SkipTheDishes: Just Eat Takeaway.com is laying off 800 Canadian employees, including 100 workers from its SkipTheDishes subsidiary.
• Wells Fargo: The bank has been steadily reducing its workforce, with thousands of job cuts occurring across North America in 2024, according to reports.
• Apple: The tech giant is laying off approximately 100 employees within its digital services group, including Apple Books app and Apple Bookstore.