Toronto Technology News

Big Three Telcos thwart innovation AND cut jobs

Posted by Rob Lewis on Fri, December 4, 2009 1:36 PM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada , Wireless, Telecom, Layoffs, iPhone · 13 Comments
According to Statistics Canada, the Canadian economy gained a surprising 79,000 jobs in November, with the unemployment rate easing 0.1 percentage points to 8.5%. The story hasn't been quite as rosy in the telecommunications sector. Rogers Communications laid off 900 at the end of November in an effort to "streamline operations"... [more]

Electronic Arts lays off 1,500

Posted by Rob Lewis on Mon, November 9, 2009 2:58 PM · Filed under Denver-Boulder, Portland, Seattle, Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, South-Florida, Atlantic-Canada , Gaming, Layoffs · No Comments
Earlier today Electronic Arts announced that it had acquired social gaming startup Playfish for $300 Million. This afternoon, Electronic Arts said it would lay off 1,500 workers by April 2010, alongside second fiscal quarter results that saw the publisher post a decrease in year-over-year revenues and a widening net loss of... [more]

Kaboose's BubbleShare bursts

Posted by Rob Lewis on Fri, August 14, 2009 10:05 AM · Filed under Toronto , Venture Capital, Start-up, Layoffs · No Comments
TechCrunch is reporting that Toronto-born photo sharing startup BubbleShare will be shuttered on November 15th. Users were notified via email and a notice on the BubbleShare's homepage. BubbleShare was launched in 2005 by Albert Lai (now with Kontagent) and in 2007 was sold to family-friendly media company Kaboose Inc. for... [more]

Irony in old Nortel headlines

Posted by Robert Janelle on Tue, July 21, 2009 2:52 PM · Filed under Ottawa, Toronto , Telecom, Layoffs · No Comments
As the firesale to liquidate Nortel's business units rages on (and gets complicated,) it's hard not to think about the Canadian tech giant's glory days. While many point to earnings reports showing billions of dollars in profits in the good old days of Nortel, I can't help but think of an... [more]

MySpace Canada office now empty

Posted by Rob Lewis on Wed, July 15, 2009 11:05 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada , Social Media, Layoffs · No Comments
One year after declaring that Canada is a priority and appointing Dave Stevens as the General Manager for it's Canadian subsidiary, MySpace has shuttered its Toronto office. Last month MySpace announced that they had laid off 30% of their staff in the United States (approximately 400 employees) and CEO Owen Van... [more]

The end of Nortel

Posted by Robert Janelle on Mon, June 22, 2009 11:42 AM · Filed under Ottawa, Toronto , Telecom, Layoffs · 2 Comments
Hopes to save the troubled Canadian tech giant Nortel were dashed over the weekend with the announcement that the company would be selling off all of its divisions. It began to look like the end on Friday when Nortel accepted a bid from Nokia Siemens to buy the company's CDMA and... [more]

It's lights out for LiveStub

Posted by Rob Lewis on Mon, June 22, 2009 6:34 AM · Filed under Toronto , Start-up, Layoffs · No Comments
Toronto online ticket upstart LiveStub has been forced to go offline. In an interview with TicketNews, CEO Michael Hershfield cited three reasons for LiveStub's closing: the financial collapse of LiveStub's key investor, the current economic climate, and major shifts in the ticketing industry. LiveStub's angel investor, Morten Lund (most famously a... [more]

When There's Nothing To Lose, You Have Everything To Gain

Posted by Harley Finkelstein on Wed, June 3, 2009 1:51 PM · Filed under Denver-Boulder, Portland, Seattle, Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, South-Florida, Atlantic-Canada , Layoffs · 2 Comments
I was recently advised that in different parts of the country there exists a new phenomenon known as ‘pink slip parties’, where recently laid-off individuals come together to share war stories and proverbial grievances about the current state of national employment. What interested me most about these events was the... [more]

Vonage shutting down Toronto call centre

Posted by Rob Lewis on Wed, June 3, 2009 11:06 AM · Filed under Toronto , VoIP, Layoffs · 2 Comments
The Globe & Mail reported this morning that VOIP leader Vonage is shutting down its Toronto customer service centre, putting 194 people out of work as of July 30th. The closing is part of a company-wide rationalization of call centres designed to cut costs. The Canadian operation, which opened in 2004,... [more]

Laid-off? Attend GDC Canada for free

Posted by Rob Lewis on Mon, May 4, 2009 11:16 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada , Events, Gaming, Layoffs · No Comments
Recently laid-off from your job in the gaming indsutry? GDC Canada event organizers Reboot and Think Services would like to offer you a FREE main conference pass to GDC Canada to jumpstart your game development career. Mix and mingle with your past and future colleagues from EA, Nokia, Disney/Propaganda Games, Action... [more]