Category : Search result: workforce impact


Delta Air Lines lost $200M in U.S. shutdown

The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.

Early retirement info sent to 70,000 public servants

The federal government is distributing early retirement information to approximately 70,000 public servants. This move signals a significant workforce transition. Read the details and potential impacts.

Algoma Steel lays off 1,000, cites U.S. tariffs

Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.

$4M Investment for Saskatchewan Mining Careers

The Mosaic Company announces a major $4-million investment to expand career opportunities and develop the skilled mining workforce in Saskatchewan. Learn more about the initiative.

Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Shopify lays off staff to keep team focused

Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.

Agentic AI Economy Impact Bigger Than Internet: Citi

Citi's new report reveals Agentic AI could transform financial services and create a 'Do It For Me' economy with greater economic impact than the internet era. Learn how this technology is reshaping finance.

Verizon cutting 13,000 jobs in company reorientation

Verizon is eliminating more than 13,000 positions as the telecommunications giant works to reorient its entire business strategy. Get the latest details on this significant workforce reduction.

DP World Launches Chile's 2025-26 Cruise Season

DP World boosts Chile's tourism as the 2025-26 cruise season begins in San Antonio, welcoming 15 ships and driving economic growth. Discover how this strengthens Chile's global travel appeal.

Trump Moves Education Programs to Other Departments

The Trump administration transfers key Education Department programs to other agencies, raising concerns about public education funding and efficiency. Experts warn of potential waste and disruption.

Target profit falls 19% amid inflation pressures

Target's third-quarter profit tumbles 19% as inflation-squeezed shoppers reduce spending. The retailer expects sales slump to continue through holiday season while investing $5B in store remodels.

Report Warns Canada's EV Mandates Threaten Auto Sector

C.D. Howe Institute study reveals Canada's electric vehicle mandates risk driving up costs and undermining competitiveness without meaningful emission reductions. Learn why reforms are urgently needed.

Canada Post to lose 30K workers by 2035

Canada Post anticipates losing 30,000 employees to retirement and voluntary departures by 2035, creating significant workforce challenges for the national postal service.

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