Tim Hortons not the only company with layoffs this year
Posted January 27, 2015 5:27 pm.
This article is more than 5 years old.
Tim Hortons confirmed Tuesday that it’s reducing its headcount at its headquarters, joining several other companies that have announced layoffs this year.
The Oakville-based donut-and-coffee chain declined to say how many positions were affected, but that the cuts were made as part of a reorganization following the takeover by Burger King.
Below are other companies that have announced layoffs this month.
- Suncor Energy Inc. says Jan. 13 it is reducing its workforce by 1,000 and trimming $1 billion from its capital budget.
- Target announces Jan. 14 it is leaving Canada, closing 133 stores and laying off 17,600 employees over the next few months.
- Sony announces on Jan. 14 it’s closing all 14 stores across Canada, resulting in 90 layoffs.
- Fashion retailer Mexx Canada is liquidating its 95 stores in Canada by the end of February affecting in 250 positions.
- Montreal-based Bombardier announces Dec. 3, 2014, it will lay off 50 temporary workers at its Thunder Bay, Ont., plant.
