Says corporate-wide restructuring efforts meant to 'better align management team with future needs of the organization'
Canada Post has begun laying off an undisclosed number of management staff as part of a sweeping restructuring effort, signalling the start of a major transformation for one of Canada’s largest employers.
On Tuesday, the Crown corporation confirmed that the changes have begun to future-proof its management and address the company’s mounting financial losses.
“This is part of our corporate-wide restructuring efforts to better align our management team with the future needs of the organisation,” it said, according to Global News.
“Canada Post must take decisive action to deliver the services Canadians need in a way that is financially sustainable.”
Doug Ettinger, president and CEO of Canada Post, shared the development with senior leaders of the corporation in a letter, noting that “while these decisions are sometimes necessary, they are never taken lightly,” according to Global News.
Unlike unionized employees, who have collective agreements outlining their termination rights, non-unionized managers must navigate severance negotiations independently, according to a column from Monkhouse Law.
"Given the complexities involved, it’s crucial for affected managers to understand their rights and ensure they receive the severance they are legally entitled to."
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