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 2.6 per cent over the past year to 410.5 employees in 2023, from 421.3 in 2022, according to data collected on BIV’s list of the biggest software companies in the province.
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 2.6 per cent over the past year to 410.5 employees in 2023, from 421.3 in 2022, according to data collected on BIV’s list of the biggest software companies in the province.
Global Relay (No. 2) grew 96.2 per cent to 771 employees in 2023 from 393 in 2019. The remaining three companies in the top five experienced employment decline over the past five years.
MDA (No. 3) had the most impressive year-over-year local employment growth of the companies on the list: Employing grew 16.7 per cent to 700 people in 2023 from 600 in 2022.
Hootsuite (tied at No. 8) had the largest decline in local employment, which fell 30 per cent to 350 in 2023 from 500 in 2022. Nearly half of the companies on the list saw no change in local employment levels.
