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report on business
SkipTheDishes and Just Eat cut about 800 jobs in Canada amid restructuring
Paul Burns, SkipTheDishes new ceo is photographed at the company’s Toronto offices on Dec. 4, 2023. Burns was the former managing director of Twitter’s Canadian operations. (Fred Lum/The Globe and Mail)
report on business
GM lays off ‘small percentage’ of Canadian workers amid software job cuts
General Motors says it is reducing a small percentage of workers from its Canadian software team as the layoff affects more than 1,000 salaried employees worldwide. A General Motors logo is shown April 24, 2024, in Detroit. THE CANADIAN PRESS/AP-Paul Sancya
international business
GM lays off more than 1,000 salaried employees at software, service units worldwide
FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
canada
More than 5,700 Quebec teaching positions unfilled weeks before new school year begins
Quebec Education Minister Bernard Drainville gives an update on this year's back to school situation during a news conference August 16 in Montreal. Quebec's education minister says there are still 5,704 teaching positions to be filled days before the fall school term begins. THE CANADIAN PRESS/Ryan Remiorz
world
Extreme weather drives travelers to cooler destinations this summer
FILE PHOTO: Travellers walk with their suitcases at Beijing Daxing International Airport in Beijing, China April 24, 2023. REUTERS/Tingshu Wang/File Photo
canada
Corus shuts down Hamilton radio station, amid other ‘necessary changes’
The Corus logo at Corus Quay in Toronto is shown on June 22, 2018. Corus Entertainment is making several structural changes to cut costs, including shuttering its 900 CHML radio station in Hamilton after decades on the air. THE CANADIAN PRESS/Tijana Martin
report on business
Cisco Systems to cut 7 per cent of its global work force
FILE PHOTO: A sign bearing the logo for communications and security tech giant Cisco Systems Inc is seen outside one of its offices in San Jose, California, U.S. August 11, 2022. REUTERS/Paresh Dave/File Photo
opinion
The folly of Liberal immigration policy is now showing up in the job market
Konrad Yakabuski
international business
Paramount Global to begin laying off 15% of work force in U.S. as part of planned job cuts
FILE PHOTO: A view of Paramount Studios's water tank in Los Angeles, California, U.S., September 26, 2023. REUTERS/Mario Anzuoni/File Photo
newsletter
When quitting makes sense. Sorry, Olympians
Stressful businessman packing a box for quit a job.
report on business
TD introduces fractional trading, Canada’s labour market stalls and Loblaw’s growing health care empire: Must-read business and investing stories
People attend a job and continuing education fair in Montreal, Thursday, Oct. 5, 2023. THE CANADIAN PRESS/Christinne Muschi
opinion
Fraud in the temporary worker program isn’t the problem. The rules that rig the labour market are
The Editorial Board
international business
Cisco to lay off thousands more in second round of job cuts this year, sources say
FILE PHOTO: The Cisco logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo
report on business
Canadian labour market stalls as youth, newcomers struggle to find work
People attend a job and continuing education fair in Montreal, Thursday, Oct. 5, 2023. THE CANADIAN PRESS/Christinne Muschi
economy
Canada’s economy lost 2,800 jobs in July; unemployment rate unchanged at 6.4%
<div>Statistics Canada is set to release its latest reading on the jobs market for the month of February today. A cyclist moves past a jobs advertisement sign in Toronto on Wednesday, April 29, 2020. THE CANADIAN PRESS/Nathan Denette</div>
market news
The close: TSX rises, posts weekly gain as markets recover
NEW YORK, NEW YORK - AUGUST 05: Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. The Dow fell over 1000 points in morning trading as global stocks plunged following fears of a recession in the American and Japanese economies. (Photo by Spencer Platt/Getty Images)
decoder
Amid an uneasy calm, markets remain on edge over future moves
NEW YORK, NEW YORK - AUGUST 02: Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Stocks closed low after the July jobs report showed a slow down in the labor market, with the Dow Jones closing with a loss of over 600 points after being nearly down 1000 points and Nasdaq closing at a loss of over 400 points. (Photo by Michael M. Santiago/Getty Images)
u.s. business
Drop in U.S. weekly unemployment claims calms market fears
FILE PHOTO: A pedestrian passes a "Help Wanted" sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022. REUTERS/Brian Snyder/File Photo
economy
After market rout, signs point to weak economic case for sell-off
A screen above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Aug. 5.
economy
Employers still turning to low-wage foreign workers, even as unemployment rises
Eddy Armando Chioc Sactic, a temporary foreign worker from Guatemala weeds an eggplant field at Ferme Chez Mario in Sainte-Madeleine, Que., Thursday, July 4, 2024. Sales prices are probably the biggest challenge of 2024. Our fixed costs are constantly rising, and we're unable to pass on the bill to the customer. Prices are stagnating while wages, packaging, equipment, are increasing. The weather during the strawberry season was difficult. Hot weather kept customers away for a long week. Then we missed the St-Jean-Baptiste weekend with torrential rain. Graham Hughes/The Globe and Mail
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