LMF Commercial

Layoffs · Americas

Cliffs' decision to cut jobs at its Hamilton and Nanticoke, Ontario steel operations (Stelco) has drawn a formal letter from the federal minister demanding compliance with job commitments and a 15-day response deadline.

Layoffs · Americas

Burnaby, BC e-commerce and logistics software firm Cymax appears to have shut down amid tough market conditions; multiple employees are job-seeking and a senior leader is assisting with the wind-down. A similar reported closure occurred at Toronto-based CommerceBear.

Layoffs · Americas

Watertown, MA-based biotech EyePoint is cutting 53% of its positions after its experimental drug failed a Phase 3 trial.

Layoffs · Americas

Lightspeed Commerce confirmed organizational changes affecting 250 roles, including layoffs and closure of vacant positions. This follows roughly 100 job cuts earlier in 2026 and a multi-year transformation toward North American retail and European hospitality.

Layoffs · Americas

LSU, under new president Wade Rousse, announced layoffs of 25 administrators, including senior roles such as the chief financial officer and a vice president handling discrimination complaints, plus 16 marketing and communications staff. Savings are being redirected to faculty hiring and research.

Layoffs · Americas

Cleveland-Cliffs' Canadian unit Stelco has told the Canadian government it will proceed with hundreds of layoffs, and Ottawa has signalled it will not back down, setting up a legal dispute.