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Top 5Based on confirmed events only. Data may be incomplete or delayed.
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Bankruptcy / insolvency
Extracted from source articles. Data may be incomplete or delayed.
Monthly Trend
Feb 2026 – Apr 2026Recent layoff events
Coast Wholesale Appliances Inc., a national appliance retailer with 300 employees across 17 showrooms and 9 distribution centres, has filed for creditor protection under the Creditors Arrangement Act. Staff at locations including the Kelowna store are being laid off as the company faces liquidation.
7-Eleven is planning to shutter approximately 645 stores in Canada and the US in 2026, expected to result in deep job cuts as the convenience giant shifts to a 'wholesale fuel stores' business model. The company is simultaneously looking to open 205 new locations as part of this strategic transformation.
Hudson's Bay laid off 41 staff as it continues to unwind operations one year after filing for creditor protection on March 7, 2025. The retailer closed all 80 of its stores by June 2025 due to $1.1 billion in insurmountable debt, with 73 of the 96 vacated HBC and Saks properties remaining unopened as of March 2026.
Ssense also reported 20 layoffs in February 2025 and 72 layoffs in May, bringing the total count to 307 in the last year.
Ssense also reported 20 layoffs in February 2025 and 72 layoffs in May, bringing the total count to 307 in the last year.
As luxury online retailer Ssense battles for survival, the Montreal-based fashion company reported layoffs at their Chabanel St. and St-Laurent locations to the Quebec government last month, bringing the total number of layoffs to 215 since the company filed for bankruptcy protection in August. Ssense also reported 20 layoffs in February 2025 and 72 layoffs in May, bringing the total count to 307 in the last year.
eBay is eliminating approximately 800 jobs, or around 6% of its global workforce, in 2026. eBay employs approximately 480 people in Canada.