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Search Results for: layoffs

Tech Companies Are Shifting to Global Talent Pools To Fill Role Requirements

February 19, 2026 by Robert Lewis

The current state of hiring is at a crossroads. Layoffs across Canada and the United States are hitting a wide range of industries amid geopolitical turmoil and economic uncertainty. However, you’d be surprised how many companies are still hiring – they are just looking somewhere else to do it. Major companies, like Netflix, Google, Thales, […]

Filed Under: Interviews Tagged With: Borderless

15 Rising Canadian Startups Attract Top Talent While ‘Shaping Future Industries’

October 15, 2025 by Knowlton Thomas

The way that professionals in Canada work is “rapidly evolving,” according to LinkedIn, which recently revealed the country’s top companies on the rise. Advances in artificial intelligence have reduced the time and resources necessary to launch a business, LinkedIn notes, lowering barriers to entry and accelerating the next wave of innovation. At the tip of […]

Filed Under: News Tagged With: Alli Therapy, Beautifi, Cozey Canada, Hiive, Manmade, Motion, Orchestry, Orennia, Pine, PostGrid, Quandri, Tali AI, Traferox Technologies, Vosyn, Waabi

Some of the Trends We’re Seeing in Canadian Tech Talent Right Now

February 24, 2025 by Knowlton Thomas

It is now nearly two months into 2025 and we’re starting to get a feel for the year. Tech layoffs were down markedly in 2024 from 2023. In 2025, companies are ready to hire again, PwC’s Global CEO Survey found. Moving forward, 60% of chief executive officers anticipate growth over the next year, a figure […]

Filed Under: News Tagged With: Check Point, iNovia Capital, Phoenix Labs, pwc

Canada’s Top Technology Talent Hubs Chart Major Workforce Growth: Report

February 6, 2025 by Knowlton Thomas

Tech layoffs were down markedly in 2024 from 2023, but hiring companies in Canada continue to battle with brain drain among other concerns, concludes an annual report. iNovia Capital’s “State of Canadian Software” also performed a “deep dive” into the country’s primary tech hubs, charting their growth since 2020. Toronto, Canada’s largest hub, has a […]

Filed Under: News Tagged With: iNovia Capital

Bench Accounting Shuts Down, Laying Off 450 Employees

December 27, 2024 by Techtalent.ca Newsdesk

Vancouver-based Bench Accounting, North America’s largest bookkeeping service for small businesses, has abruptly ceased operations, laying off approximately 450 employees in a sudden move that has left customers and workers in shock. The company announced its closure through a “Notice of Service Closure” on its website. “We regret to inform you that as of December […]

Filed Under: News Tagged With: Bench

For Better or Worse, These are the Top Trends Impacting Canadian Tech Talent

December 12, 2024 by Knowlton Thomas

The year 2024 was one of slow recovery for the Canadian tech talent market, as companies started growing and hiring again following an icy stretch of worldwide layoffs through 2022 and 2023. While the worst of things appear to be in the rearview mirror, many aspects of the market remain turbulent, both in Canada and […]

Filed Under: News Tagged With: Coinbase, KPMG, Robert Half, TAP Network, Wealthsimple

Why Challenger Bank KOHO Doesn’t Plan to Return to the Office – Ever

October 4, 2024 by Knowlton Thomas

After raising substantial financing in 2022, things went south for Koho. That year, Koho was recognized by Team True North, representing fintechs as one of Canada’s most promising growth companies. But 2023 saw layoffs and a lack of profitability. Resilience has been a crucial component of any company that has endured the global market turbulence of the past […]

Filed Under: News Tagged With: KOHO

Compensation Cools in Canadian Tech, But Opportunities for Talent Still Remain

September 19, 2024 by Knowlton Thomas

A cooling compensation market is currently the prevailing wind in Canada’s tech talent market, finds this year’s Tech Sector Salary report. The 2024 report, conducted by TAP Network and produced by Mercer, showed a median salary increase of less than 4%, a marked decline from 2023’s median increase of nearly 8%. Voluntary turnover also declined […]

Filed Under: News Tagged With: Mercer, TAP Network

How Leadership at KOHO Aims to Differentiate Hiring, Retention Practices

May 6, 2024 by Knowlton Thomas

After raising substantial financing, including more than $200 million in 2022, things went south for Koho. That year, Koho was recognized by Team True North, representing fintechs as one of Canada’s most promising growth companies. But 2023 saw layoffs and a lack of profitability. Resilience has been a crucial component of any company that has […]

Filed Under: News Tagged With: KOHO

Despite Canada’s Hiring Slowdown, Clio Grows Workforce by 15% to Reach 1,000

March 21, 2024 by Knowlton Thomas

You would be hard pressed to find a Canadian in the legal-tech realm who has not heard of Clio. When Clio launched in 2008 at ABA TECHSHOW, no one could have predicted its significant impact on the legal industry. The Vancouver-based company has since grown into a global force in legal technology, with over 150,000 […]

Filed Under: News Tagged With: Clio

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