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Montreal’s RenoRun has filed for creditor protection in bid to avoid bankruptcy. Today the construction tech startup filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act, the first step in the process to restructure the firm and prevent all-out bankruptcy. RenoRun is an online platform that allows contractors to […]
Search Results for: layoffs
Alphabet Layoffs Redistribute AI Talent in Canada
Alphabet’s recent announcement that it will cut a whopping 12,000 staff sent shockwaves throughout the industry. The move will impact many regions and organizations, including dealing a blow to Alberta’s burgeoning artificial intelligence scene. That is because Google owns DeepMind, the company’s AI research arm, which runs an office in Alberta. As a result of […]
Tech Layoffs Are Coming: How To Stay On The Right Side Of Lay-offs
For the last few years, employment within the tech industry has boomed. There have been jobs for everyone at almost every level. Whether in-house or working from home. But times are changing. With the economy shrinking and Canada on the verge of another recession, we’re potentially approaching the end of the boom. Jobseekers will face […]
Amid Layoffs and Possible Recession, Tech Employees Not in Good Spirits
Several thousand Canadians employed in the technology sector have been laid off this year, as a brief post-Pandemic surge has quickly soured into a global downturn. Layoffs hail from a wide range of companies, including Ottawa’s Shopify, Toronto’s Clearco, and Vancouver’s Article and Unbounce. The freshly rebranded Hootsuite took a particularly large hit, trimming 30% of […]
How Canadian Tech Talent Can Protect Themselves in the Face of Industry-Wide Layoffs
Over the past two months, there have been several layoffs in the tech sector, and while many of the current layoffs are coming from U.S. companies, some say the tech sector in Canada will be hit hard. With potential layoffs and hiring freezes looming, the tech industry needs to know the potential impact on their […]
Planning and Managing Layoffs During the COVID-19 Crisis
Nobody ever wants to do layoffs. Laying your employees off is one of the hardest things you do as a leader. But remember, however badly you feel about it, your issues are small compared to those of the impacted employees. For them, the layoff may cause serious financial and psychological distress. It will also force […]
Snowflake’s Growth in Toronto Continues to Snowball
Data cloud computing company, Snowflake, made the announcement last year that it would be establishing one of five global engineering hubs here in Toronto. I checked in with Toronto’s Site Lead & Engineering Director, Qaiser Habib, to see how things were going. With layoffs happening around the world, Snowflake is still in hiring mode and […]
Expert Wisdom on the State of Tech and Talent in Canada
As our nation’s major technology hubs continue to grow, Canada boasts more tech workers than ever. With so much news, data, and events to cover across the country, TechTalent.ca leans on professionals in the field to help keep our audience properly informed and up-to-date. Our last Expert Wisdom roundup, set among mass layoffs and a shifting employment landscape, was […]
What Canadian Software Engineers Can Expect in 2023
Josh Brenner knows as well as anyone that it is a “challenging time for tech industry.” The CEO of AI-powered jobs platform Hired has now seen the full data picture of 2022, which shows an abruptly halted inertia within tech and beyond. Last year, 150,000 tech workers were laid off globally across 1,000 companies. “So […]
Expert Wisdom on the State of Tech and Talent in Canada
As our nation’s major technology hubs continue to grow, Canada boasts more tech workers than ever. With so much news, data, and events to cover across the country, TechTalent.ca leans on professionals in the field to help keep our audience properly informed and up-to-date. Below, a roundup of what local experts have been saying about tech and talent in […]