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Sunday, April 26, 2026

Vale Layoffs: Severance Pay for Employees - Samfiru Tumarkin LLP

Vale S.A., known simply as Vale, is a Brazilian multinational corporation and one of the largest global producers of iron ore and nickel. Established in 1942 and headquartered in Rio de Janeiro, Brazil, it operates extensively in Canada through Vale Canada Limited, formerly Inco Limited, which it acquired in 2006.

Vale Canada, based in Toronto, focuses on nickel, copper, cobalt, and platinum group metals, employing nearly 7,000 people across the country (a majority of them working in Sudbury), and an additional 2,000 contractors. Globally, Vale has over 230,000 employees, including contractors, with operations spanning mining, engineering, and logistics.

Vale Layoffs: Severance pay facts

Employees at Vale are entitled to up to 24 months of severance pay when laid off or terminated without cause, whether full-time, part-time, or hourly. Independent contractors may also qualify for severance if they have been misclassified.

Key Severance Facts

  • Severance Pay: Can reach up to 24 months’ pay, based on factors like position, tenure, age, and ability to find similar work. Learn more about severance pay, and explore resources that explain how it works in Ontario, Alberta, and B.C.
  • What’s Included: In addition to salary, severance may cover bonuses, commissions, and other compensation.
  • Deadlines: You have up to two years from termination to pursue severance, regardless of any employer-imposed deadlines, which are not legally enforceable.
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