layoffs

Communitech appoints Sheldon McCormick as new CEO following layoffs

Leadership change comes as part of reorientation back to Waterloo Region focus.

Union says no complaints have been filed yet, but “several lawyers” are working the case.

Plus: John Ruffolo on where the silver linings are.

TSX-listed hydrogen fuel cell company owes creditors more than $13 million, including $9 million to PacifiCan.

Some roles are being consolidated to its Toronto office to “better align” resources, company says.

Innovation hub wants to “significantly increase engagement with the private sector and philanthropic circles.”

Plus: Canadian cleantech startup scores in Latin America with global clients.

Plus: Koho wants a licence to compete.

Trio downsizes for second time in past year as tech cuts continue into 2024.

Layoffs happen. Like other news events, BetaKit covers layoffs in Canadian tech and amongst global tech players with Canadian…

Plus: The Vancouver startup partnering with Napster (in 2024).

This marks the restaurant software firm’s second workforce reduction in four months.

Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount.

Vendasta CMO: “Every tech company right now needs to be thinking about profitable growth.”

Another 87 “paperites” let go as EdTech startup aims for profitability.