QHR Technologies, a Kelowna-based health tech company owned by Loblaws through Shoppers Drug Mart, has laid off up to 10% of its workforce—impacting dozens of employees across its 480-person national team. The company, which specializes in electronic medical records and serves over 20,000 healthcare providers in Canada, cited restructuring and normal business cycles as reasons for the move.

President Mike Checkley emphasized that while QHR has grown steadily since its $170 million acquisition in 2016, growth in the tech sector is "not linear." The company framed the decision as part of necessary adjustments to maintain long-term sustainability.

While the layoffs represent a relatively small portion of the workforce, the news comes at a time when Canada's tech sector is facing increased volatility. Nationally, the job market has shown signs of strain, with recent reports of rising unemployment in key sectors like manufacturing and information technology.

QHR’s downsizing highlights the growing pressure on tech firms—even in high-demand industries like digital health—to adapt amid shifting economic conditions and changing investment priorities in Canada's innovation ecosystem.

Have you been laid off QHR Technologies in Canada? Contact our employment lawyers today. Our legal team offers a free consultation and works on a contingency basis—there are no fees unless you win your case.

Knowlton Thomas’ original article, “Healthcare Innovator QHR Technologies Trims Workforce Amid Restructuring” was published in Techcouver on October 7, 2024. Read the Full Techcouvers News story.