FutureFit AI this week announced an investment from Achieve Partners, a US-based supporter of innovative education-based technologies. Toronto’s FutureFit is a developer of workforce development technology powered by artificial intelligence. The company is on a mission to help people upgrade career paths faster and cheaper at scale, according to chief executive officer Hamoon Ekhtiari. “As […]
Search Results for: layoffs
Tech Companies Are Shifting to Global Talent Pools To Fill Role Requirements
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, […]
15 Rising Canadian Startups Attract Top Talent While ‘Shaping Future Industries’
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 […]
Some of the Trends We’re Seeing in Canadian Tech Talent Right Now
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 […]
Canada’s Top Technology Talent Hubs Chart Major Workforce Growth: Report
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 […]
Bench Accounting Shuts Down, Laying Off 450 Employees
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 […]
For Better or Worse, These are the Top Trends Impacting Canadian Tech Talent
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 […]
Why Challenger Bank KOHO Doesn’t Plan to Return to the Office – Ever
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 […]
Compensation Cools in Canadian Tech, But Opportunities for Talent Still Remain
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 […]
How Leadership at KOHO Aims to Differentiate Hiring, Retention Practices
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 […]