US EditionLayoffs mount in Canada as companies cite U.S. tariffs
- Several Canadian companies began laying off workers and pausing production in early 2025.
- Economic uncertainty increased due to tariffs imposed by the U.S. under President Trump.
- Eascan Automation laid off a third of its workforce, and Prepac shifted production to North Carolina.
- Eascan stated, "they are feeling the impact of Trump's tariffs," while Stellantis paused production at Windsor.
- These actions indicate that tariffs and trade uncertainty are negatively impacting Canadian manufacturing and employment.
11 Articles
11 Articles
Companies are cutting jobs quietly
If your team feels smaller than it used to… you’re not imagining it. A growing number of companies in Ireland are making staff cuts – but doing it quietly. There are no big announcements, no press releases. Just contracts that don’t get renewed, roles that quietly disappear, and teams that quietly shrink. This trend, now widely referred to as ‘quiet redundancies’, has been picked up in the… Source
Canadian Business Outlook Clouded by Trade Tensions, Bank of Canada Survey Finds
Two-thirds of Canadian businesses expect their costs to rise and most would increase selling prices if widespread tariffs are implemented, according to the Bank of Canada’s Business Outlook Survey for the first quarter of 2025 released on Monday. The survey reveals a sharp deterioration in business sentiment driven by trade conflict with the United States, with 32% of firms now assuming a recession will occur in Canada over the coming year, up f…
The Czech Republic is facing an increase in mass layoffs, even in major companies. Some companies are cutting hundreds of jobs this year or preparing layoffs, while others are closing down in the Czech Republic altogether. According to analysts, the unemployment rate is still growing slowly, but in February it was the highest in almost eight years. Czech industry is stagnating and is threatened by the shadow of a possible EU-US tariff war.
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