By Province
Top 5Based on confirmed events only. Data may be incomplete or delayed.
Key Drivers
by frequency- 14×
Restructuring
- 21×
Bankruptcy / insolvency
- 31×
Federal budget cuts
Extracted from source articles. Data may be incomplete or delayed.
Monthly Trend
Jan 2026 – May 2026Recent layoff events
Penn Entertainment reduced its workforce by more than 70 employees in its interactive division, which oversees digital operations including online betting and casino platforms such as theScore Bet. The cuts reflect a shift toward profitability and efficiency over expansion, with the company refocusing on Canada, especially Ontario, and preparing for growth in Alberta.
Eidos Montreal laid off 124 employees in its fourth round of cuts since March 2025, citing changing project needs and impacts across production and support teams. Studio head David Anfossi is also departing, with a transition plan underway for new leadership.
Cirque du Soleil has announced layoffs affecting 70 employees at its Montreal headquarters. The cuts represent efforts to restructure operations at the entertainment company's main office.
Eidos-Montréal laid off 124 employees on March 30, 2026, citing changing project needs and impacts across production and support teams. The layoffs represent part of a larger pattern, with the studio having cut approximately 300 roles since 2024.
The Newfoundland and Labrador Folk Arts Society shut down its offices and laid off all remaining staff in November 2025 under previous management. A newly installed board of directors is now attempting to revive the struggling organization, which has accumulated tens of thousands of dollars in debt.
LOVE Nova Scotia, a Black-led anti-violence organization, laid off four full-time and one part-time staff member due to a $317,500 provincial funding cut representing 39% of the organization's budget. The organization was forced to cancel programs that supported youth development and career growth in the North Preston community.
The Canadian Museum of History and Canadian War Museum will cut permanent staff levels by 18% over the next three years, eliminating approximately 70 positions due to federal budget cuts requiring $2.4 million in combined savings. The layoffs will affect a broad range of employees from executives to security and tour staff, with management positions facing a 24% reduction.
Ubisoft Entertainment closed its Halifax production studio, eliminating 71 jobs three weeks after staff voted to unionize. The company attributed the closure to cost-optimization measures as part of broader global studio consolidation, though the timing raised concerns from the Communications Workers of America union.