5 d. ago ExxonMobil to cut 2,000 jobs worldwide amid restructuring plans

A day after Calgary-based Imperial Oil announced plans to slash its workforce by 20 per cent, its parent company, ExxonMobil, also announced deep job cuts.

Other

5 d. ago Imperial Oil to cut 20% of workforce by end of 2027 in restructuring effort

CALGARY — Imperial Oil is planning to slash about 20 per cent of its workforce by the end of 2027 as part of a restructuring plan. That would affect about 1,000 jobs, based on an employee count of 5,100 as of Dec. 31 of 2024, according to data from LSEG Data & Analytics. Calgary-based Imperial […]

Other

7 d. ago CHARLEBOIS: Why Starbucks can’t own the ‘third place’ anymore

Starbucks’s recent announcement to close about 150 outlets across North America and eliminate 900 jobs may appear to be a straightforward corporate restructuring, but it reveals something deeper: A reconfiguration of the “third place” — the space between home and work. For years, Starbucks successfully positioned itself as the quintessential third place, where consumers could […]

Other

9 d. ago Here's a list of Starbucks locations set to close in B.C. so far

Staff impacted by the closures will be offered transfers to nearby locations, and those who choose not to transfer will be given severance packages and the option to be placed on a rehire list.

Other

9 d. ago United Steelworkers union frustrated by Starbucks’ closure of unionized Alder Crossing store in Surrey

BURNABY, British Columbia, Sept. 25, 2025 (GLOBE NEWSWIRE) — The United Steelworkers union (USW) is expressing frustration and shock following Starbucks’ decision today to close its unionized Alder Crossing store in Surrey, B.C., this coming weekend. The Alder Crossing location, situated in a busy retail corridor off King George Boulevard, has long been a thriving […]

Society

1 week ago Starbucks announces massive layoffs and store closures including Canada

Starbucks will be closing hundreds of stores and laying off hundreds of employees in Canada and the United States, according to an announcement on Thursday.In a message to employees, Starbucks CEO Brian Niccol shared two decisions the company has made in support of its "Back to Starbucks" plan.After reviewing the coffee chain's North America portfolio, Niccol said they identified stores that weren't performing well financially."These locations will be closed," he wrote. "Each year, we open and close coffeehouses for a variety of reasons, from financial performance to lease expirations. This is a more significant action that we understand will impact partners and customers."The CEO stated that the company will be closing about one per cent of Starbucks locations across Canada and the U.S. At the end of June, the company had 18,734 stores in North America. According to Niccol, this will be cut down to 18,300 stores by the end of September.In ...

Other

1 week ago Starbucks to lay off 900 workers and close some stores in the Canada, US

Starbucks says it plans to close some stores in Canada and the United States and layoff 900 workers, although it isn't clear how many locations will shut down down in total.

Society

1 week ago Starbucks to Close Stores, Cut Jobs in $1 Billion Restructuring

Starbucks Corp. said it will close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under new Chief Executive Officer Brian Niccol.

Economics