Vancouver-based social media company Hootsuite Inc. lays off 30% of its workforce. It's the latest company to announce layoffs amid a recent surge in job cuts in the tech sector.
Several tech companies recently announced major layoffs
Vancouver-based social media company Hootsuite Inc. has laid off 30% of its workforce. technical department.
"This marks a shift in business that is realigning strategies to the positions needed to succeed," his CEO Tom Kaiser said in a statement. .
"Strategy must be refocused to drive efficiency, growth and financial sustainability."
Companies employing 1,200 or more people The layoffs are the latest in a wave of pink slips in Canada's tech industry.
Earlier this summer,WealthSimple laid off his 13 percent of staff, followed by Ottawa-based Shopify . laid off 10% of. A few weeks later.
Vancouver-based Unbounce laid off his 20% of staff earlier this week, followed by an e-commerce seller announcing headcount cuts. did. It is approximately one-sixth of.
More to come
About the Author
Pete Evans is a Senior Business Writer for CBCNews.ca is. Prior to coming to CBC, his work appeared in the Globe & Mail, Financial Post, Toronto Star and Canadian Business Magazine. Twitter: @p_evans Email: pete.evans@cbc.ca
