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Toronto, Ontario
Canada layoff tracker · since October 2025
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The Toronto District School Board is cutting almost 800 positions including more than 200 teachers who have received surplus notices. The layoffs include support staff such as lunchroom supervisors, educational assistants, designated early childhood educators, and clerical staff, along with previously announced cuts to vice-principals and centrally assigned staff.
The Toronto District School Board announced it will lay off 218 central administration staff and eliminate an additional 91 vacant positions. The cuts are intended to modernize central administration and keep resources in schools and classrooms amid years of declining enrolment.
George Brown Polytechnic is cutting jobs in a latest round of layoffs following the elimination of 51 roles in March 2026. The college cited financial pressures from changes to international student policies introduced by IRCC beginning in 2024 as the primary driver of the workforce reductions.
The Toronto District School Board announced the elimination of 40 vice-principal positions effective for the upcoming school year, resulting in some schools sharing vice-principals. The layoffs are attributed to declining enrollment (5,000 fewer students expected) and the end of pandemic-related one-time funding.
Humber Polytechnic announced involuntary layoffs of faculty and support staff after a voluntary exit package failed to address the college's fiscal gap for 2026–27. The layoffs follow a federal cap on international students, which significantly impacted revenue at Ontario's largest college with 76,000 students.
Hudson's Bay laid off 41 staff as it continues to unwind operations one year after filing for creditor protection on March 7, 2025. The retailer closed all 80 of its stores by June 2025 due to $1.1 billion in insurmountable debt, with 73 of the 96 vacated HBC and Saks properties remaining unopened as of March 2026.
Lightspeed Commerce has significantly reduced headcount in its customer support team after AI resolved over 80 percent of inbound chat interactions. The company boosted overall gross margins through this AI-driven workforce reduction.
George Brown Polytechnic triggered a mass termination process for 51 employees (22 hourly and 29 salaried) due to a 29% decline in full-time enrolment and financial pressures from federal international student caps and stagnant provincial funding. The layoffs represent cuts across all departments following the suspension of several hospitality and culinary arts programs at the St. James campus.
TD Bank announced a 3% workforce reduction as part of restructuring efforts to boost productivity and minimize real estate investments. The layoffs were announced in December 2025, revised from an earlier 2% reduction proposed in May 2025.
Rivalry Corporation announced substantial workforce reductions and cost cuts following suspension of deposits and wagering on its betting and gaming platform. The company suspended player activity and is exploring strategic alternatives including asset-level transactions, corporate transactions, or restructuring.
Simons laid off multiple employees at its newly-opened Eaton Centre location in Toronto shortly before Black Friday, with workers dismissed just before the end of their probation period and minimal explanation provided. Former employees allege the manager exhibited passive-aggressive behavior and public reprimands, and criticized the timing of the layoffs during the busy holiday season when retail companies typically hire additional staff.
Shopify Inc. announced layoffs to keep its team 'fast, sharp and focused.' The specific number of employees affected was not disclosed in the announcement. Spokesperson Ben McConaghy would not provide a number of workers losing their jobs but says in an email to The Canadian Press that the cuts impact a “fraction of a per cent” of Shopify’s team. Financial markets firm LSEG Data & Analytics counted 8,100 Shopify employees as of December 2024. One per cent of that figure amounts to about 81 staff.
Scotiabank has reportedly conducted a new round of layoffs at its Toronto office, with positions being eliminated. According to reports, these roles are being outsourced to lower-cost foreign countries including India, the Philippines, and Latin American nations.
Toronto-based Clutch laid off 148 staff members, representing approximately two-thirds of its workforce. The layoffs followed rapid expansion into western provinces as the company pulled back to refocus on its core business in Eastern Canada.