R|T: The Retail Times – Amazon begins more layoffs as Shopify employees brace for same
Plus: Walmart using AI to negotiate with vendors.
layoffs
Another round of layoffs hits Amazon employees in Canada
Roles have been terminated in Amazon’s PXT and cloud divisions.
S|W: The SaaS Weekly – With more layoffs coming, Meta is facing a morale crisis
Plus: AutoLeap gears up for growth with $40 million CAD Series B.
BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs
Over 500 jobs are expected to be created from the investment.
Amazon won’t confirm how many Canadians impacted by forthcoming 9,000 employee layoffs
Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams.
Ontario proposes new regulations to tighten rules around mass layoffs
Remote employees are not currently entitled to same advance notice as office workers.
F|T: The FinTech Times – Layoffs continue to hit Canadian FinTech
Plus: PayPal’s CEO to retire at the end of 2023.
Thinkific, WonderFi, VerticalScope face leadership changes following layoffs
Canadian tech companies hit with executive exodus amid sector downturn.
A|I: The AI Times – Google bets on Anthropic, Ada makes more layoffs
Plus: The fight against AI art.
Alphabet commences Canadian layoffs
The cuts are part of Alphabet’s previously announced 6% staff reduction globally.
VerticalScope becomes latest public tech firm to make layoffs with 22 percent staff reduction
Cuts come after VerticalScope’s business deteriorated in Q4.
As Big Tech makes mass layoffs, recent Canadian startup reductions might cut deeper
PartnerStack, SSENSE, #paid, Shakepay, Venngage latest to cut staff.
R|T: The Retail Times – Why everyone is making layoffs—except Apple
Plus: Inside the battle for the future of Amazon.
Alphabet company DeepMind shutters Edmonton site as part of Google layoffs
DeepMind said it’s maintaining its other Canadian locations in Montréal, Toronto.
Benevity cites lower than expected customer demand as cause for 14 percent layoffs
Benevity joins Hootsuite, Lightspeed, Clutch, Clearco in significant staff cuts.