Business · Companies · 8 hrs ago

Sherritt to temporarily lay off nearly half its Canadian workforce

Sherritt to temporarily lay off nearly half its Canadian workforce

Sherritt plans temporary layoffs affecting nearly half its Canadian workforce.

Bloomberg puts the share at 47% and links the furloughs to sanctions against Cuba.

The headlines do not give details about which employees or locations are affected.

They also do not explain how long the layoffs will last.

The company is described as Canadian, but the headlines provide no further background on its operations.

The scale of the cuts could affect many of its Canadian workers, though the sources give no number of people.

The available information does not say what happens next or when employees might return.

4 sources

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