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Almost 90 percent of the employees of the Edmonton Economic Development Corporation (EEDC) have been temporarily laid off, or will be in the near future, following the COVID-19 pandemic.
The city’s economic development agency announced Tuesday that some 1,100 hourly workers were laid off in mid-March following the public closure of its two sites, the Edmonton Expo Center and the Edmonton Convention Center, and announced that a second round of temporary layoffs is coming.
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EEDC director of communications Tammy Forbes said in a statement on Tuesday that the next wave of layoffs will affect approximately 100 full-time employees, covering all of the organization’s business units. Prior to the March layoffs, the company had approximately 1,350 employees.
“The organization is experiencing a huge reduction in revenue due to the closure of its two sites, the cancellation of events and a reduction in funding from various sources,” Forbes said in the statement. “Decisions are made to ensure that the organization can manage changing circumstances while considering medium and long-term strategies to help boost the economy and support our stakeholders and our community.”