Canada’s slowing economy has prompted companies to lay off staff, leaving managers to navigate how best to communicate those reductions to employees at a time when many workers are in the office part time, if at all.
Some Vancouver technology companies ramped up hiring during the pandemic and are now returning workforces to what executives consider an ideal size.
Absolute Software Corp. (TSX:ABST) said it would cut 40 jobs as part of an April restructuring. Hootsuite cut 350 jobs last year, and said in January it would lay off 70 more workers.
Thinkific Labs Inc. (TSX:THNC), Zymeworks Inc. (NYSE:ZYME), Unbounce Marketing Solutions Inc. and Article (TradeMango Solutions Inc.) are other Vancouver companies that have laid off staff in the past year.
American companies that have large presences in Metro Vancouver and recently announced staff cuts across global operations include Microsoft Corp. (Nasdaq:MSFT), Amazon.com Inc. (Nasdaq:AMZN), and Electronic Arts Inc. (Nasdaq:EA).
Nordstrom Inc.’s (NYSE:JWN) plan to exit Canada is expected to cause about 1,000 Vancouver workers to lose jobs.
It is in this environment that some companies have been acting badly, according to human resources consultants and employment lawyers.
American digital-mortgage lender Better.com sparked controversy and was forced to apologize for laying off about 900 employees on a Zoom call in December 2021.
McDonald’s Corp. (NYSE:MCD) temporarily closed corporate offices and told employees to work from...
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