D2L, a company specializing in digital learning solutions, announced on November 16, 2022, that it reduced its workforce by approximately 5% as part of a strategic shift to balance growth and profitability amid economic uncertainties. While the exact number of employees affected was not specified, the layoffs reflect the company's focus on navigating the current environment while continuing to invest in product development and client services. D2L is providing severance benefits and transition support to those impacted, emphasizing its commitment to long-term success in the education technology industry.