Information About Monkhouse Law Blog

Hudson’s Bay has filed for creditor protection, putting thousands of jobs at risk (Associated Press, NPR). If you work for Hudson’s Bay, you may be wondering: Will I lose my job? Will I receive severance pay? What financial support is available? What happened to employees in past retailer bankruptci … Read more »

On February 21, 2025, Starbucks announced plans to lay off 1,100 corporate employees globally as its new chairman and chief executive streamlines operations. According to a report by CBC News, the company is reducing its corporate workforce while also implementing significant menu changes. Starbucks … Read more »

Telus announced in February 2025 that it was offering voluntary severance packages to approximately 700 employees nationwide, including management staff, as part of an ongoing corporate restructuring. The job reductions impacted departments such as network operations, engineering, outside plant cons … Read more »

Canada Post announced on February 6, 2025, that it had laid off nearly 50 management employees earlier that week as part of a corporate-wide restructuring to address significant financial and operational challenges. Approximately half of the affected employees were based in Ottawa, with the remainde … Read more »

Mortgage advisors are key contributors to the financial sector, helping Canadians navigate the complexities of mortgages and financial planning. However, as commission employees, their unique compensation structures often present challenges, particularly in cases of termination and severance pay. Un … Read more »