Canada · 2024–2026
Canadian Layoff Tracker
Aggregating layoffs across Canada from employment standards filings, government notices, SEDAR+ corporate disclosures, union announcements, and verified media reporting
Last updated: June 3, 2026
People Laid Off
Companies
Industries Affected
Canadian Layoff Trends
This tracker currently covers layoff events from 292 companies, affecting more than 105,089 workers across Canada. Data is sourced from government labour adjustment notices, SEDAR filings, union statements, and verified media reporting.
The technology, financial services, and retail sectors have historically accounted for the largest share of reported layoffs — a pattern consistent with broader North American economic cycles. Ontario and British Columbia, home to the greatest concentration of corporate headquarters, tend to represent the largest share of national layoff volumes.
ExxonMobil announced a global restructuring plan that will cut 2,000 jobs worldwide, with some positions being eliminated in Newfoundland and Labrador. The company stated that ExxonMobil Canada will see a reduction of approximately 20 percent of positions by the end of 2027, though the exact number of N.L. job losses was not disclosed.
Memorial University announced major budget cuts in July 2025 that resulted in 20 layoffs due to declining enrolment and a $6 million revenue loss. The university also eliminated the operating budget of the Harris Centre as part of efforts to address financial sustainability challenges.
Western University's Faculty of Arts and Humanities laid off four support staff over the summer as part of a restructuring that introduced a new team-based staffing model. The layoffs prompted a protest by approximately 50 demonstrators on October 24, 2025, with union leaders arguing the cuts were vital positions that would strain remaining faculty members.
Scotiabank laid off approximately 2,495 employees in Toronto on June 1, 2025, after notifying the federal government of the group termination in late February. The bank had requested waivers from certain Canada Labour Code obligations, though the government confirmed the employer met its obligations under the code.
Stellantis laid off 3,200 workers at its Brampton Assembly plant in Ontario after pausing a retooling plan in February 2025 and subsequently moving production of the new electric Jeep Compass to the United States. The decision, announced October 14, 2025, was attributed to U.S. tariff pressure and trade agreement compliance issues, leaving thousands of Canadian families facing financial instability.
Stellantis idled its Brampton assembly plant in December 2023 to retool for electric vehicle production, temporarily laying off 3,000 workers. On October 14, 2025, the company announced the planned Jeep Compass electric SUV would be built in Illinois instead, leaving the plant's future uncertain and workers facing potential permanent layoff notices.
CN announced the temporary layoff of 450 employees in Eastern Canada operations due to protest blockades on its rail lines that caused disruptions to over 1,400 trains. The company began recalling most of the temporarily laid off employees as blockades subsided and network operations began to stabilize.
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