Andgo Systems, a Saskatoon-based software startup, has conducted layoffs as part of a broader trend affecting Canadian tech companies. The layoffs occurred after the company failed to meet its growth targets amid deteriorating economic conditions, including rising interest rates and inflation. While the exact number of employees laid off and the total workforce size at Andgo were not disclosed, the cuts reflect a strategic shift toward preserving cash and pursuing profitability, as venture capital becomes scarcer and investor priorities change. This move places Andgo alongside other Saskatchewan startups like Vendasta and 7shifts, all adjusting to a challenging market environment that has led to widespread staff reductions across the tech industry in 2023.
