Layoffs Canada
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Mastercard

Media Report

Mastercard plans to reduce its full-time workforce by approximately 4% in 2026 (Reuters). It is still unclear whether Canadian employees at the credit card company will be affected “Based on our recent strategic review, we expect to record a one-time restructuring charge of roughly $200 million in Q1,” CFO Sachin Mehra told analysts during a call on January 29, 2026.

Key Facts

Announced Date
January 29, 2026
Province
National
Industry
Finance & Insurance
Percentage
4%
Company Type
public
Source
News Media

Company Info

English Name
Mastercard

Raw Data (1 source article)

Mastercard Layoffs in Canada: Employee Rights & Key Severance Facts

Samfiru Tumarkin LLP·Feb 2, 2026