layoffs

Clearco secures $100 million USD for “rescaling” after difficult years

After recapitalizing in 2023, Toronto FinTech company says it will break even by Q4.

Plus: Silicon Valley’s therapists.

Plus: Big Tech’s voluntary buyout push.

Plus: Ontario’s AI tool is accused of punishing Black prisoners.

Plus: OMERS Ventures head departs for Kensington.

Plus: How AI chatbots are being tricked into smear marketing.

Roughly 400 global employees are now out of work, but OpenText says Canadian impact is “minimal.”

French game developer continues cost-cutting measures just months after closing Halifax office.

Canadian e-commerce giant’s stock price is down nearly 27 percent since the beginning of the year.

Re-Work event explored how work will change as AI takes on human tasks.

But, as Tobi Lütke said at Toronto Tech Week’s Homecoming, those companies could still make a billion dollars.

Reynold Xin and Mike Murchison say there is space for students to reframe their relationship to AI.

TurboTax parent puts resources behind “big bets” that come with strategic AI focus.

The nuclear fusion company isn’t worried about going public as a pre-revenue company

Cloud information management company’s Q3 earnings come after layoffs and restructuring.