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Amazon cuts 9,000 jobs; now at least 27,000 layoffs in 2023

Amazon cuts 9,000 jobs; now at least 27,000 layoffs in 2023

Amazon employed about 10,000 workers in B.C. as of last year
Ballard posts big net loss for 2022

Ballard posts big net loss for 2022

Lower revenues blamed on poorer than expected performance in China
New 91Ô­´´ biotech hub to be led by 91Ô­´´ researchers

New 91Ô­´´ biotech hub to be led by 91Ô­´´ researchers

They want to respond to future public health emergencies within 100 days.
91Ô­´´ tech sector expects collapse of SVB to have 'chilling' effect on investments

91Ô­´´ tech sector expects collapse of SVB to have 'chilling' effect on investments

TORONTO — Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.
Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

VANCOUVER — Ritchie Bros. Auctioneers Inc. says its shareholders approved the company’s deal to buy U.S. automotive salvage company IAA Inc. at a meeting Tuesday that caps months of criticism since the acquisition was announced in November.
Facebook parent Meta slashes another 10,000 jobs

Facebook parent Meta slashes another 10,000 jobs

Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
B.C. innovation minister and 91Ô­´´ mayor head south on trade mission

B.C. innovation minister and 91Ô­´´ mayor head south on trade mission

Pair stopping in Austin, San Francisco in hopes of landing an anchor company
Employment falls at B.C.-based software companies

Employment falls at B.C.-based software companies

Average local employment at B.C.’s largest software companies fell over the past year, indicating that B.C. is not immune to the layoffs sweeping through many North American technology companies. Average B.C. employment declined 2.
Yaletown Partners raises $70M, increasing fund value to $200M

Yaletown Partners raises $70M, increasing fund value to $200M

Yaletown Partners' active funds under management now exceed $450 million
Zenhub raises $10M betting on expanding platform to non-technical employees

Zenhub raises $10M betting on expanding platform to non-technical employees

Series A funding round led by Yaletown Partners with support from BMO capital and existing investors