{"id":15309,"date":"2025-02-06T16:08:04","date_gmt":"2025-02-06T16:08:04","guid":{"rendered":"http:\/\/torontotribune.ca\/index.php\/2025\/02\/06\/tremendous-financial-uncertainty-another-quebec-company-announces-layoffs\/"},"modified":"2025-02-06T16:08:04","modified_gmt":"2025-02-06T16:08:04","slug":"tremendous-financial-uncertainty-another-quebec-company-announces-layoffs","status":"publish","type":"post","link":"https:\/\/torontotribune.ca\/index.php\/2025\/02\/06\/tremendous-financial-uncertainty-another-quebec-company-announces-layoffs\/","title":{"rendered":"\u2018Tremendous financial uncertainty:\u2019 Another Quebec company announces layoffs"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-article-socialshare=\"true\">\n<div id=\"article-fontSizer\" class=\"c-fontSizer\">\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--decrease c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Decrease Font\" data-tooltip-title=\"Decrease text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Descrease article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=cv3j60zbx#font-decrease\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--increase c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Increase Font\" data-tooltip-title=\"Increase text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Increase article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=cv3j60zbx#font-increase\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n<div id=\"\">\n<p>A second Quebec manufacturer has announced mass layoffs this week amid U.S. President Donald Trump\u2019s threat of tariffs on Canadian exports.<\/p>\n<p><\/p>\n<p>Montreal-based tights manufacturer Sheertex (SRTX) founder and CEO Katherine Homuth announced on LinkedIn on Wednesday that the company has placed 40 per cent of its 350 employees on temporary layoff.<\/p>\n<p>\u201cThis decision was not made lightly. With 85 per cent of our sales in the U.S., and tens of millions invested in our Canadian factory, the impending U.S. tariff changes and delays in closing the final portion of our fundraise have led to tremendous financial uncertainty,\u201d Homuth wrote.<\/p>\n<div class=\"c-inlineSignup\" data-newsletter-inline=\"\">\n<div class=\"c-inlineSignup__image\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/images\/skyline\/national.jpg\" alt=\"For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.\"\/>\n\t\t\t\t<\/div>\n<div class=\"c-inlineSignup__content\">\n<h3>Get breaking National news<\/h3>\n<p>For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>This comes on the heels of Quebec furniture manufacturer, South Shore Furniture, announcing it had laid off 115 people in the province, also due to the threat of U.S. tariffs on Canadian goods which are\u00a0now expected to come into effect in a month.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad\">\n<p>Story continues below advertisement<\/p>\n<\/p><\/div>\n<p>Global News has reached out to both companies for comment.<\/p>\n<section id=\"content-dynamic-trending-stories\" class=\"l-inlineStories l-inlineStories--tile u-hide-tablet-landscape\" aria-label=\"Dynamic trending stories section\">\n<p>\n\t\t<span class=\"l-inlineStories__title c-heading c-heading--strikethrough\">Trending Now<\/span>\n\t<\/p>\n<ul class=\"l-inlineStories__posts c-posts c-posts--inline \">\n<li class=\"c-posts__item\">\n\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/11004847\/johnny-matthew-gaudreau-blood-alcohol-levels-driver\/\" class=\"c-posts__inner\"><\/p>\n<div class=\"c-posts__media \">\n\t\t\t\t\t\t<img loading=\"lazy\" class=\"c-posts__thumbnail\" data-src=\"https:\/\/globalnews.ca\/wp-content\/uploads\/2024\/11\/20241112111116-20241112111116-67338018472ac208ebc13f19jpeg_58b675.jpg?quality=85&amp;strip=all&amp;w=336&amp;h=224&amp;crop=1\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"c-posts__details\">\n<p>\n\t\t\t\t<span class=\"c-posts__headlineText\" title=\"Driver charged in Gaudreau deaths says brothers were more impaired than him\" data-title=\"\">Driver charged in Gaudreau deaths says brothers were more impaired than him<\/span>\n\t<\/p>\n<\/p><\/div>\n<p>\t\t\t<\/a>\n\t\t<\/li>\n<li class=\"c-posts__item\">\n\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/11005050\/u-s-tariff-quebec-canadian-layoffs-workers\/\" class=\"c-posts__inner\"><\/p>\n<div class=\"c-posts__media \">\n\t\t\t\t\t\t<img loading=\"lazy\" class=\"c-posts__thumbnail\" data-src=\"https:\/\/globalnews.ca\/wp-content\/uploads\/2025\/02\/8780791ad9955d6975caa511864dc90a2312adee6d7a836d024ea5fbb6a81914_4a8925.jpg?quality=85&amp;strip=all&amp;w=336&amp;h=224&amp;crop=1\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"c-posts__details\">\n<p>\n\t\t\t\t<span class=\"c-posts__headlineText\" title=\"U.S. tariff threat: Quebec furniture company lays off 115 workers after sales drop\" data-title=\"\">U.S. tariff threat: Quebec furniture company lays off 115 workers after sales drop<\/span>\n\t<\/p>\n<\/p><\/div>\n<p>\t\t\t<\/a>\n\t\t<\/li>\n<\/ul>\n<\/section>\n<p><em>More to come.<\/em><\/p>\n<div class=\"l-article__part\" data-shortcode=\"tp_video_miniplayer\">\n<section id=\"miniplayer_67a4de64da9ba-carousel\" class=\"l-videoCarousel l-videoCarousel--embed c-carousel\" data-video-carousel-play-inline=\"true\" data-video-carousel-init=\"false\" aria-label=\"Video carousel contains 3 videos.\">\n<div class=\"l-videoCarousel__inner\">\n<div class=\"l-videoCarousel__featured\">\n<div class=\"c-video c-videoPlay \" data-iframe-receiver=\"\" data-autoplay=\"\" data-displayinline-featured=\"true\" data-displayinline-type=\"video\" data-displayinline-player-id=\"miniplayer_67a4de64da9ba\" data-displayinline-video-id=\"11002668\" data-displayinline-ratio=\"16:9\" data-displayinline=\"https:\/\/globalnews.ca\/video\/embed\/playlist\/11002668,11001967,10997144\/?poster=https%3A%2F%2Fi2.wp.com%2Fmedia.globalnews.ca%2Fvideostatic%2Fnews%2Fz7s25p18v2-8oc2hifn1k%2Flegault.on.tariffs.and.trade.mignacca.jpg%3Fw%3D1200%26%23038%3Bquality%3D70%26%23038%3Bstrip%3Dall#autoplay&amp;stickyiframe=miniplayer_67a4de64da9ba\" data-displayinline-playlist=\"11002668,11001967,10997144\" data-displayinline-sticky=\"true\">\n<div class=\"c-video__inner \">\n\t\t\t\t\t<span class=\"c-video__placeholder\"><br \/>\n\t\t\t\t\t\t<img loading=\"lazy\" class=\"c-video__image\" alt=\"Click to play video: 'Legault talks tariffs and trade following reprieve'\" width=\"640\" height=\"360\" data-src=\"https:\/\/i2.wp.com\/media.globalnews.ca\/videostatic\/news\/z7s25p18v2-8oc2hifn1k\/legault.on.tariffs.and.trade.mignacca.jpg?w=1200&amp;quality=70&amp;strip=all\" loading=\"lazy\" srcset=\"\" sizes=\"auto, \" data-srcset=\"https:\/\/i2.wp.com\/media.globalnews.ca\/videostatic\/news\/z7s25p18v2-8oc2hifn1k\/legault.on.tariffs.and.trade.mignacca.jpg?w=450#038;quality=70&amp;strip=all 450w,https:\/\/i2.wp.com\/media.globalnews.ca\/videostatic\/news\/z7s25p18v2-8oc2hifn1k\/legault.on.tariffs.and.trade.mignacca.jpg?w=720#038;quality=70&amp;strip=all 720w,https:\/\/i2.wp.com\/media.globalnews.ca\/videostatic\/news\/z7s25p18v2-8oc2hifn1k\/legault.on.tariffs.and.trade.mignacca.jpg?w=1040#038;quality=70&amp;strip=all 1040w,\" data-sizes=\"(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px\"\/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__overlay\"><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<time class=\"c-video__duration\">2:30<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__title\">Legault talks tariffs and trade following reprieve<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"l-videoCarousel__glide glide \">\n<div class=\"glide__arrows c-carousel__buttons l-videoCarousel__buttons\" data-glide-el=\"controls\">\n\t<button class=\"glide__arrow glide__arrow--left c-carousel__button c-carousel__prev l-videoCarousel__button l-videoCarousel__prev c-longform-gallery__prev\" data-glide-dir=\"&lt;\"><\/p>\n<p>\t\t<span class=\"sr-only\">Previous Video<\/span><br \/>\n\t<\/button><br \/>\n\t<button class=\"glide__arrow glide__arrow--right c-carousel__button c-carousel__next l-videoCarousel__button l-videoCarousel__next c-longform-gallery__next\" data-glide-dir=\"&gt;\"><\/p>\n<p>\t\t<span class=\"sr-only\">Next Video<\/span><br \/>\n\t<\/button><br \/>\n\t\t<button class=\"c-carousel__goto\" data-glide-dir=\"=0\" aria-hidden=\"true\" tabindex=\"-1\"\/>\n\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>\t\t<!-- video stream item --><\/p>\n<\/section><\/div>\n<\/p><\/div>\n<div>\n<p>\n\t\t&amp;copy 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n<p><script defer src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;appId=318812448281278&#038;version=v3.3\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/globalnews.ca\/news\/11006695\/layoffs-quebec-trump-tariffs\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Descrease article font size Increase article font size A second Quebec manufacturer has announced mass layoffs this week amid U.S. President Donald Trump\u2019s threat of tariffs on Canadian exports. Montreal-based tights manufacturer Sheertex (SRTX) founder and CEO Katherine Homuth announced on LinkedIn on Wednesday that the company has placed 40 per cent of its 350<\/p>\n","protected":false},"author":2,"featured_media":15310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15309","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u2018Tremendous financial uncertainty:\u2019 Another Quebec company announces layoffs - Toronto Tribune<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/torontotribune.ca\/index.php\/2025\/02\/06\/tremendous-financial-uncertainty-another-quebec-company-announces-layoffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Tremendous financial uncertainty:\u2019 Another Quebec company announces layoffs - Toronto Tribune\" \/>\n<meta property=\"og:description\" content=\"Descrease article font size Increase article font size A second Quebec manufacturer has announced mass layoffs this week amid U.S. President Donald Trump\u2019s threat of tariffs on Canadian exports. 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