Canada's Shaw Communication to temporarily lay off about 10% of workforce

Canadian telecom services provider Shaw Communications said on Tuesday it would temporarily lay off about 10% of its workforce, due to uncertain business conditions driven by the coronavirus crisis. The company had about 10,000 employees, according to its 2019 annual report http://shaw.ca/uploadedFiles/Corporate/Investors/Financial_Reports/2019-annual-report.pdf.

The temporary layoffs will begin on April 16 and largely include employees working in retail and sales roles, the company said in a statement. Government measures to limit the spread of the virus have triggered dramatic shortages or stoppages of work in specific areas of its business, the company added.