Layoffs Canada

OMERS Ventures

OntarioFinance & Insurance
Laid off (12 mo)
7
Events (12 mo)
1
Most recent
Jul 2025
🔴
Layoff Activity
Active
Trend vs prior 12 months: increasingAll-time: 7 laid off across 1 eventsBased on tracked events only — may not reflect all workforce changes
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Pattern

Provinces most affected:Ontario
Primary industry:Finance & Insurance
Frequency trend:Increasing

Sources

Media Report

All events link to original source articles.

Layoff Event History

July 2025

7
jobs cut
Ontario36.84% of workforce

OMERS Ventures, the VC arm of the Ontario Municipal Employees Retirement System, laid off several employees from its U.S. investment team, including senior managing partner Michael Yang, as part of a strategic shift to refocus on Canadian investments. The layoffs reduced the firm's headcount from 19 employees in June to 12 total, with the U.S.-based investment team reduced from two-thirds to half of the firm's investment staff.

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