Mass layoffs: CGI cuts 55 jobs in Montreal

More than 55 employees of technology consulting firm CGI lost their livelihoods in Montreal last month following a stroke in its real estate portfolio, the multinational said Newspaper, Wednesday. Last fall, CGI made efforts to review its real estate portfolio and improve its fees globally. As a result, about fifty Quebec workers have just been … [Read more…]

Michelle Gass will replace Chip Bergh as CEO of Levi Strauss in January

Pedestrians walk past a Levi’s store in Hong Kong. Sopa pictures | Light rocket | Getty Images Levi’s CEO Chip Bergh is stepping down and handing the reins to his longtime successor, Michelle Gass, the former CEO of Kohl’s, the company announced Thursday. Gass will take over as CEO on January 29th, while Bergh will … [Read more…]

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Current CO2 levels not seen on Earth in 14 million years – Radio-Canada.ca

Current levels of carbon dioxide in the atmosphere have not been reached on Earth for 14 million years, according to a major study that highlights the inhospitable climate humanity is heading towards. This paper in the journal Science (New Window) tracks CO2 levels from 66 million years B.C. BC to today’s global warming with unprecedented … [Read more…]

Ten days of COVID-19 leave: Quebec must reject union request, CFIB believes

SME owners want the union’s request to grant 10 days of vacation to all employees who cannot telecommute to be rejected by Quebec due to the costs this vacation could incur. Nearly 4,200 SMEs in Quebec have signed a petition to Labor Minister Jean Boulet to express their concerns, the Canadian Federation of Independent Business … [Read more…]

Stock News Today: Stocks Boom, Tech Leads as Focus on Employment Data

The streaming wars have reached fever pitch with more advertising, higher prices and greater competition as platforms struggle to turn a profit and attract paying users. With so many options now available to consumers, the media landscape appears to be returning to the cable TV package of years past – the very thing streaming sought … [Read more…]

Meta strengthens the confidentiality of messages on Messenger and Facebook – Le Journal de Montréal

Despite opposition from many governments, Meta began end-to-end encrypting “all personal conversations and calls on Messenger and Facebook,” as well as on WhatsApp, to make them more private. • Also read: Child Crime: New Mexico Files Complaint Against Meta • Also read: Meta, IBM and their allies are calling for an “open” future for AI … [Read more…]

Major concerns among CDPQ clients due to mandate in Quebec structuring network

Clients of the Caisse de dépôt et placement du Québec are concerned about their independence due to the mandate for the structuring network in the capital. The Legault government and CDPQ leadership have since tried to reassure them. • Also read: Julien defends his government’s “constructive approach” to a structuring network • Also read: Pause … [Read more…]

Kevin Cloutier needs to show creativity – La Nouvelle Union

Since being hired by the Victoriaville Tigres as general manager in July 2016, Kevin Cloutier has brought in reinforcements during the holiday season, with the exception of one season, to help the team finish the season stronger. The next trading period, which runs from December 17th to January 6th, will be no exception. However, the … [Read more…]

Ice and floods: 2023 will be the most expensive year for insurers since 1998

Between ice, wildfires and even floods, the weather will have all its colors on Quebecers in 2023, and insurers are paying the price with $680 million in insured losses. This is also the most expensive year for insurers in Quebec since the ice crisis in 1998, stressed the Insurance Bureau of Canada (IBC), which released … [Read more…]