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These Canadian tech companies have recently had layoffs

These Canadian tech companies have recently had layoffs

BNN Bloomberg
Friday, August 19, 2022 02:04:04 PM UTC

Many technology companies have expressed issues with expanding too quickly during the pandemic. Here's a look at some of the Canadian companies that have recently laid off workers.

In the U.S., major tech companies like Robinhood Markets, Inc. and Coinbase Global, Inc. have laid off hundreds of workers over the past few months and the same labour trend is being seen in Canada.

“We were building to match the growth of the economy and now face significant headwinds that simply didn’t exist six months ago,” said Michele Romanow, co-founder of Clearco, in a LinkedIn post after cutting around one-in-four jobs.

Here’s a look at Canadian technology companies that have announced job cuts over the past few months.

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