Canada's Olymel eliminates 177 management positions
57 employees received layoff notices
21 October 2022
2 minute read
By: Olymel management announced its decision to eliminate 177 management positions. Of this number, 120 positions became open in recent months, whereas 57 current employees are affected by this decision. The 57 affected employees were notified yesterday and received layoff notices.
Olymel is Canada’s leader in the production, processing and distribution of pork and poultry meats.
The decision was made after carefully considering the effectiveness and redundancy of the administrative support functions within the organization. Reviewing the tasks for these roles convinced the executive that streamlining the management of administrative staff became necessary given the market context and growth challenges the company is facing.
Olymel believes this decision will help eliminate duplicate tasks and lead to savings and efficiency gains to meet market conditions that require greater agility in achieving strategic business objectives. These job cuts will mostly affect administrative positions, primarily in Quebec.
“The effects of the COVID-19 pandemic and a historic labour shortage at our facilities, market and supply chain disruptions, raw material price inflation and an uncertain global economic landscape are all factors that make a case for optimised company business models," said Yanick Gervais, president and CEO of Olymel. "Olymel is no exception."
"After careful analysis, the difficult decision to significantly reduce our management staff is an answer to the need to adapt to unpredictable market conditions and to better position the company for the future," Gervais added.
