Big hit in store for Canadian tech sector as wave of layoffs looms, industry players say [Toronto Globe and Mail (Ontario, Canada)]
Sonder Holdings Inc. - Class A (SOND)
Company Research
Source: Toronto Globe and Mail
A wave of layoffs and hiring freezes in the American tech sector is set to hit Canada hard, industry watchers say. They warn that although job cuts have already happened here, bigger reductions lay ahead. “The message everyone is receiving is: ‘Protect your capital.’ There will be many more layoffs, no question,” said Jacques Bernier, managing partner with Montreal “fund-of-funds” firm Teralys Capital. “It’s going to be a bloodbath,” said billionaire Vancouver investor and entrepreneur Markus Frind, who owns a majority of online furniture seller Cymax Group Inc. and backs several venture capital firms, all of whom are telling their companies to review their spending plans. “It’s going to be way worse than 2008,? when the credit crisis sparked a recession. Canadian bank challenger Wealthsimple Technologies Inc. has frozen hiring. Thinkific Labs Inc., an online platform for course creators, and Legible Inc., an online e-book marketplace, both listed on Canadian exchanges, announced deep
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High impacting Sonder Holdings Inc. - Class A news events
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SOND
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Sonder Holdings Inc. – SONDGlobeNewswire
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Sonder Holdings Inc. with Losses to Contact the FirmGlobeNewswire
- SOND Investors Have Opportunity to Lead Sonder Holdings Inc. Securities Fraud LawsuitPR Newswire
- ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Sonder Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SONDGlobeNewswire
- INVESTOR DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Sonder Holdings Inc. with Losses to Contact the FirmPR Newswire
SOND
Earnings
- 11/14/23 - Miss
SOND
Sec Filings
- 4/24/24 - Form 4
- 4/5/24 - Form 8-K
- 3/15/24 - Form NT
- SOND's page on the SEC website