Global accounting giant PricewaterhouseCoopers LLP has become the latest major financial institution to reduce its Canadian work force – though many recently terminated PwC employees are unwilling to go quietly.
Dozens have reached out to employment law firm Samfiru Tumarkin LLP in recent weeks claiming they were fired without adequate severance. The layoffs, which have not been announced publicly, have affected several teams and business units across Canada, according to two sources familiar with the matter.
The Globe and Mail is not identifying the sources because they were not permitted to discuss the matter publicly.
PwC, which has more than 7,700 Canadian employees in 19 offices across the country, did not provide a response when contacted for comment.
About two dozen former PwC employees have contacted the Samfiru Tumarkin intake team in recent weeks, the firm said, while several others reached out directly to its lawyers.
“They have been told it is a restructuring and they have been offered not fantastic packages,” Samfiru Tumarkin employment lawyer Fiona Martyn said in an interview. “They are not insultingly low offers, but they are also not incredibly reasonable or incredibly fair, especially when looking at some of the factors that the courts will look at.”
According to one termination e-mail obtained by The Globe, PwC offered employees whose “services are no longer required” one week of pay per year of service, with benefits to be terminated one week from the...
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