OMERS Ventures Layoffs 2025 — 7 Jobs Cut in Ontario, Canada
7
employees affected
Media Report
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.
Key Facts
- Announced Date
- July 23, 2025
- Effective Date
- July 21, 2025
- Province
- Ontario
- City
- Toronto
- Industry
- Finance & Insurance
- Laid Off
- 7
- Percentage
- 36.84%
- Company Type
- private
- Source
- News Media
Company Info
- English Name
- OMERS Ventures
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