Stradigi.ai vows to continue despite laying off more than two-thirds of its staff
Musician will.i.am is among the investors in the Québec AI startup.
Layoffs
Clutch cuts staff to extend runway, citing market conditions
The layoffs follow a $100 million Series B secured in 2021.
Ritual lays off 16 percent of staff to “prepare for a recession”
As prospect of recession looms amid rising inflation, Ritual has laid off 23 employees.
Bonsai has laid off around two-thirds of staff over last two months
The CEO cited market volatility despite Bonsai raising $21 million this year.
After hiring freeze, Wealthsimple makes staff cuts
Approximately 13 percent of Wealthsimple staff are affected by the cuts.
Bonsai lays off a third of employees shortly after $21 million Series A, citing shift to growth strategy
CEO says the move is about restructuring to focus on customer acquisition.
In effort to cut costs, CSE-listed Legible lays off over a third of its employees
Legible becomes second publicly-traded Canadian tech firm to announce significant layoffs in the past week.
Proposify lays off 25 employees as it fails to hit growth targets
CEO insists Proposify is still a thriving startup.
Hopper Lays Off Several Montreal Staff After Finally Launching
It’s been a long road for Hopper, the (now) Boston-based startup that was founded in Montreal over six years ago, building…
120 Left Jobless as BlackBerry Continues Its Descent
Embattled Waterloo-based smartphone maker BlackBerry has laid off 120 employees this morning. The Waterloo Record reported…