Wave of tech layoffs tips power back in favour of employers in sector
Members of Canada’s tech industry say another wave of layoffs the sector saw this week is tipping the power dynamic back in favour of employers.
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Tech job postings down 32% since May, nearing pre pandemic levels: Indeed
Job search company Indeed says postings on its site for Canadian tech roles have dropped 32 per cent since May and are showing no signs
Martello’s sales fall in Q2 as software firm phases out legacy products
Kanata-based company that makes wireless network troubleshooting software reported sales of $3.8 million in the three-month period ending Sept. 30, down 13 per cent from
‘We have to be more focused’: Martello cuts 15% of workforce in bid to become cash-flow positive
Staff reductions are part of a company-wide effort aimed at reducing Kanata software firm’s overall expenditures by 20 per cent, or about $4 million a
Martello looks to Microsoft for sales boost as revenues plateau in fiscal 2022
Kanata-based software firm said late Tuesday it posted sales of $17.5 million for the fiscal year ending March 31, up just four per cent from
Martello lands $2.5M funding boost after two quarters of flat growth
Martello Technologies is getting a multimillion-dollar funding boost as it looks to bounce back from a pandemic-fuelled slump that stalled a years-long stretch of virtually
Feds chip in $7M to drive new research at Ottawa’s autonomous vehicle test track
Facility will feature state-of-the-art electric vehicle charging technology, the latest in 3D printing equipment and drones that can set up 5G networks.
Ottawa’s Pythian acquires U.S.-based firm in bid to expand market reach
Despite the economic fallout from the COVID-19 pandemic, at least one Ottawa tech firm didn’t hesitate to pull the trigger on a major deal to
Balsillie decries toxic, unchecked technology at big data committee
A Canadian high-tech pioneer says a “toxic” social media business model is a threat to democracy. Jim Balsillie, the retired chief executive of Research In
Rumoured Mitel-Avaya merger could create new telecom industry leader: analyst
Ottawa-based unified communications service provider Mitel’s reported bid to acquire U.S. competitor Avaya is aimed at creating a combined entity with the heft to battle
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