Shercom’s Layoffs Highlight Struggles in Saskatchewan’s Recycling Industry
Shercom Industries, a Saskatoon-based tire recycling company, is laying off an additional 79 employees due to a controversial recycling monopoly in Saskatchewan.
This brings its workforce to just 20 employees, down from 140. The layoffs follow the province's decision to grant exclusive recycling rights to U.S.-based Crumb Rubber Manufacturers (CRM), sidelining Shercom’s operations.
The move has led to criticism from local officials who argue that prioritizing external firms compromises job security and local investment. This trend highlights the wider pressures on Canadian jobs as global competition reshapes local markets.
Have you been laid off by Shercom 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.
Garry Marr’s original article, “Shercom cuts 79 more jobs as U.S. company continues monopoly over Sask. tire recycling” was published in CTV News on September 24, 2024. Read the Full CTV Newsstory.