KINGSTON, Ontario, May 29, 2019 – Kingston-based cloud-computing company cloudX Inc. announced today that it is cutting 300 jobs at its Kingston, Ont., office and will close a subsidiary in London, Ont.
CloudX said today it will also close two other offices.
The company said it will begin the process of closing the remaining office in London on June 1.
It said the London office will shut down in December 2019.
The Waterloo, Ont.-based company has been in the media spotlight lately as it has been facing the scrutiny of Ontario’s Information and Privacy Commissioner.
It was named in a lawsuit filed by the Information and Protection Commissioner against IT services provider OMB in December.
It also said it lost more than $1.3 million in 2018.
Cloud X said in a statement that it had a “long history of excellence and success” at Kingston and its customers.
“We are very pleased to be moving our headquarters from Kingston to London,” said Jason Schram, Chief Executive Officer and co-founder of CloudX.
“Kingston is a leading cloud computing market in North America and we look forward to bringing our cloud computing offerings to customers around the world in 2018.”
The Waterloo office will close in December 2018.
The cloud-related layoffs include 300 in Waterloo, 350 in Toronto, 150 in London and 130 in the Montreal office, CloudX CEO Jason Schrams said in an email.
Cloudx said that its UK operations will continue as planned, including in London.
Cloud CloudX Inc., an internet-service provider with cloud computing services and data center technology in Ontario, announced today it is laying off 300 employees.
CloudCloud said in the statement that its Waterloo, Ontario office will be closed in December 2020.
Cloud-based computing service provider CloudX Ltd.
announced yesterday it is eliminating 250 jobs and closing its global offices.
Cloudcloud said it expects to continue with the closure of its UK office in 2020 and its global headquarters in 2022.
CloudCx Inc., a cloud-storage company with a cloud computing service in Canada, announced in a press release today it has made a significant move to the United States.
Cloudcx Inc. said it is closing three locations in the U.S., adding another 500 employees.
The Calgary, Alberta-based company said in its statement that the U and D offices will be re-branded and moved to Canada and the Waterloo, Ottawa and London offices will continue.
The Vancouver, British Columbia-based CloudCX Inc said it plans to close three locations and is adding about 500 employees in the United Kingdom and Canada.
CloudPax Inc., the cloud-payment company, announced yesterday that it has laid off 200 employees and is moving its headquarters to the U to cut costs and continue operations.
CloudPay said in statement that CEO Andrew McLean has made the decision to close the U office.
Cloud Payments Inc., which makes online payment services for small businesses, announced it has cut about 300 jobs, most of them in the Greater Toronto Area, and is cutting other locations in Europe, the Middle East and Africa.
The U.K. office will open in late December 2019, while the rest of the U, Canada, will close by the end of the year, CloudPay CEO Andrew McLaughlin said in his statement.
Cloudpax said it was laying off about 150 people, mainly in the US and Europe, and it plans on keeping about 250 people in the UK.
Cloudpay said it had been in discussions with the Information Commissioner’s office to share the results of the investigation it launched.
Cloudcom Inc., maker of digital currency trading platforms, announced on Wednesday it is planning to close offices in Europe and the Middle Eastern region, and that the offices in the Netherlands, Belgium, Switzerland and the Netherlands will be converted to full-time jobs.
CloudCom said in announcing its planned layoff plans that it expects the final decision to be made in mid-2020.
Cloud comiter cloudcom, a cloud service provider based in Calgary, Alta., announced in its announcement that it will lay off about 400 people in France, the Netherlands and Belgium, with the majority of the layoff going to the Netherlands.
Cloud Comiting, a technology company based in the city of Calgary, announced that it would lay off 200 workers in the Middle-East region.
CloudcoPay, which provides payments and payment solutions to the banking industry, announced plans to lay off 150 people in Ireland, the United Arab Emirates and the United Republic of Tanzania, and to close another 200 positions in the rest, as of December 2019 Cloudcopay said in late October that it was cutting 1,200 jobs worldwide in the first half of 2020.
The CloudcoPax announcement said that the remaining 300 employees in Ireland and the rest in the EU