Canada Post has laid off nearly 50 management employees as part of a broader corporate restructuring, citing a “critical financial situation.” The layoffs follow the elimination of 20% of senior roles last month, marking a continued effort to streamline leadership amid ongoing financial pressures. Approximately half of the affected employees were based in Ottawa, with the remainder in Toronto and other regions across Canada.

The national postal service has been facing significant operational and financial challenges, including a reported pre-tax loss of $315 million in the third quarter of 2024 amid an ongoing strike. Canada Post described these workforce reductions as difficult but necessary to address its current financial constraints.

For the Canadian job market, these cuts highlight the vulnerability of management and administrative roles in Crown corporations, especially as organizations adapt to declining mail volumes, labour disputes, and increasing operational costs. The restructuring underscores the broader trend of cost-cutting measures across public-sector employers.

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Saba Aziz’s original article, “Canada Post lays off managers amid ‘critical financial situation’” was published in Global News on February 6, 2025. Read the Full Global News story.