Olymel is cutting 177 jobs, most of them management positions, in a move to cut costs.
The company said it faces “market context and growth challenges” such as the COVID-19 pandemic, market and supply chain disruptions, higher costs for raw materials and uncertain global economics.
The company said the staff cuts primarily will affect administrative positions in the wake of the effects of the COVID-19 pandemic and “a historic labor shortage at our facilities.”
Of the 177 jobs being cut, 120 “became open in recent months” and the other 57 employees were notified that their positions were being eliminated this week, the company said.
Olymel employs more than 14,000 people at its production and processing facilities in Quebec, Ontario, Alberta, Saskatchewan and New Brunswick.
