Intersect Layoffs
May 2020
Intersect announced a layoff affecting 19 employees (11% of its workforce) in May 2020. The company operates in the Product sector.
19
11%
May 13, 2020
About
Intersect, a Toronto-based custom software development firm and subsidiary of CoreLogic, laid off 19 employees, representing about 11% of its 160-person workforce. The layoffs were announced via LinkedIn by then-CEO Paul Crowe in late 2020, shortly before he stepped down from his role after nine years with the company. While the exact reason for the staff reduction was not officially confirmed, it occurred during the COVID-19 pandemic, a period of widespread economic uncertainty. The company, which serves clients like American Express and TD Bank, saw its leadership transition to internal executives following Crowe's departure.
Source
View Sourcebetakit.comMore Product Layoffs
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