Close X
Wednesday, November 20, 2024
ADVT 
National

Telus slashes 6000 jobs

Darpan News Desk The Canadian Press, 04 Aug, 2023 11:32 AM
  • Telus slashes 6000 jobs

Vancouver-based Telecom giant Telus is reporting a dismal second quarter and it's responding by cutting six-thousand jobs -- just under six per cent of its workforce.

Telus says four-thousand jobs will be cut from its main operations while a further two-thousand jobs will be trimmed at Telus International.

This as the company says its second-quarter net income fell almost 61 per cent -- to 196-million dollars -- when compared the April to June period last year.

Telus president Darren Entwistle says the job cuts were made with "a very heavy heart."

MORE National ARTICLES

Trudeau 'surprised' by B.C. firm's cocaine licence

Trudeau 'surprised' by B.C. firm's cocaine licence
Trudeau said Friday that the federal government was "working very quickly" with Adastra Labs of Langley, B.C., "to correct the misunderstanding" caused by the company's statement saying it was looking at commercializing cocaine as part of its business model.

Trudeau 'surprised' by B.C. firm's cocaine licence

Three B.C. avalanche victims from Germany

Three B.C. avalanche victims from Germany
Mayor Walter Bauer told the news agency that the other man was from Munich. RCMP say nine foreign visitors and their Canadian guide were engulfed by the avalanche Wednesday.

Three B.C. avalanche victims from Germany

Eby says failure of laundering laws 'shocking'

Eby says failure of laundering laws 'shocking'
Eby told a news conference on Thursday about funding for overdose prevention and mental health that, "if Health Canada did in fact do this," the federal agency did so without engaging the B.C. government or notifying the province. 

Eby says failure of laundering laws 'shocking'

B.C. to ask Ottawa to change money laundering law

B.C. to ask Ottawa to change money laundering law
Niki Sharma says B.C. will ask for changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to bring Canadian law into harmony with the United States and United Kingdom.    

B.C. to ask Ottawa to change money laundering law

B.C. firm gets Health Canada's OK to sell cocaine

B.C. firm gets Health Canada's OK to sell cocaine
Adastra CEO Michael Forbes says it will evaluate how the commercialization of the substance fits in with its business model in an effort to position itself to support the demand for a safe supply of cocaine.    

B.C. firm gets Health Canada's OK to sell cocaine

Nordstrom announces wind-down of Canadian business

Nordstrom announces wind-down of Canadian business
The e-commerce platform will cease operations on March 2, 2023. The in-store wind-down is anticipated to be completed by late June 2023. Nordstrom Canada operates 6 Nordstrom stores and 7 Nordstrom Rack stores, as well as the Nordstrom.ca website, and employs approximately 2,500 people.

Nordstrom announces wind-down of Canadian business