Communitech confirms layoffs, 10 per cent of staff impacted
Posted Nov 24, 2022 05:30:00 PM.
There's more turmoil in the tech industry.
Communitech confirmed that 10 per cent of its workforce was laid off this week.
A post on social media from the Kitchener tech hub said, “We know we're not the only ones in the tech ecosystem facing these challenging macroeconomic conditions.”
It follows recent layoffs at Faire, Hootsuite, and D2L.
Communitech is trying to help impacted tech talent find new work through an online resourced called The Help List. It currently has over 360 names on it, and the majority are located in Canada.
The list first launched in March of 2020 in response to layoffs from the pandemic. Communitech took it over in July of last year.