COVID-19 Impact Shoves Lift & Co. Into Another Round of Layoffs

Article by Emma Spears, Growth Op

NEWS COVID-19 impact shoves Lift & Co. into another round of layoffs The Toronto company noted it intends to re-hire the employees facing temporary layoffs “if and when the COVID-19 pandemic is resolved.” By Emma Spears Lift & Co. gala / Photo: Lift & Co., Instagram Matei Olaru is chief executive officer of Lift & Co. / Photo: Rawpixel / iStock / Getty Images Plus Rawpixel / iStock / Getty Images Plus

Lift & Co. has “temporarily” laid off a number of its employees and will “pause operations of non-profitable business segments,” the company announced yesterday, citing “extenuating circumstances outside of [its] control” such as COVID-19.

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