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Faced with mounting financial losses, Jay Walker laid off 106 of his 125 employees, violating Federal employment law requiring 60 days notice when laying off more than 33% of the workforce. On September 4, 2002, Walker Digital settled for $275,000 to be split amongst the laid off employees.
Jun 14, 2023 · Bell Media has been cutting jobs steadily for years, including 210 employees in Toronto in 2021, but this recent move appears to be among the biggest reductions. The company says the cuts were...
Jun 14, 2023 · BCE Inc. President and CEO Mirko Bibic announced that the company is cutting 1,300 positions and closing, or selling nine of its radio stations across Canada on Wednesday. Employees were informed of the layoffs and closures this morning.
- Isabelle Docto
Apr 8, 2020 · He graduated in 1977, with a debt of $150,000 thanks to the media venture that did not take off. He Faced a Lawsuit which was dismissed Jay Walker found himself having to deal with courtroom battles after Marketel, a San Francisco company, sued him and Priceline.
Dec 29, 2000 · Late last month, meanwhile, Walker Digital was forced to lay off 100 employees — about 30% of its workforce — after an expected round of financing fell through.
Apr 1, 2000 · It was absurd — unheard of — although it's a fair bet that few were able to articulate the economist's reasoning for the miracle at hand: An independent company had just rendered the opacity of airline yield management startlingly transparent. Such was the inspiration of Jay S. Walker, then 42 years old.
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Nov 30, 2023 · A wave of layoffs last year, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens. These are some of the companies which have said goodbye to Canadian workers so far in 2023. AbCellera Biologics Inc.:
