Laurentian University Layoffs 2021 — 195 Jobs Cut in Ontario, Canada

Laurentian University terminated 195 employees and axed 69 programs during its insolvency restructuring under the Companies Creditors Arrangement Act (CCAA) in April 2021. More than five years later, terminated employees began receiving severance payouts in June 2026, receiving only 25% of what they were originally owed.