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Toronto, Ontario
Canada layoff tracker · since October 2025
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Digital producer Luke Paron announced his departure from TNA Wrestling after approximately five years with the company. Paron initially worked as a photographer and short-form content creator on the road before transitioning to directing work based in Toronto in October 2025.
BCE, the parent company of Bell Canada, is cutting 690 jobs (approximately 1% of its workforce) as part of its ongoing restructuring initiative. The cuts include about 460 non-union positions and approximately 230 unionized departures through voluntary separation packages, representing the second round of layoffs in seven months.
BenchSci confirmed major layoffs in May 2026, reducing its workforce by approximately 30%, affecting nearly 70 employees at the Toronto-based firm. The restructuring was driven by the implementation of AI agents across engineering, operations, and scientific workflows that are now performing meaningful work alongside employees.
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.
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.
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.
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.