EnerSys, a global energy services provider, announced plans to lay off around 575 employees—approximately 11% of its non-production workforce—as part of a broader corporate restructuring. The cuts will primarily affect corporate and management positions. As of March 2025, the company employed over 10,800 people worldwide.

The layoffs are expected to be largely completed by the end of the second quarter of fiscal 2026 and will come with one-time costs of $15 million to $20 million. However, EnerSys projects $80 million in annual savings from the move, beginning in the same fiscal year.

While the impact on Canadian workers hasn’t been specified, this news adds to a wave of job losses in the corporate sector amid a tightening global economy. In Canada, companies across industries have been restructuring to cope with rising costs, automation, and slower growth projections, making job security an increasing concern for white-collar workers.

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Reuters’s original article, “EnerSys to lay off 11% of non-production global workforce” was published in Reuters News on July 22, 2025. Read the Full Reuters News story.