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Another One of Metro Vancouver's Biggest Developers Announces Layoffs

Summary by Vancouver Sun
The depth of Metro Vancouver's decline in residential construction became more visible this week with news that one of its biggest developers is making substantial job cuts in the face of what its CEO has called "a cost of delivery crisis."

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Another one of Metro Vancouver's biggest developers announces layoffs

The depth of Metro Vancouver's decline in residential construction became more visible this week with news that one of its biggest developers is making substantial job cuts in the face of what its CEO has called "a cost of delivery crisis."

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biv.combiv.com

Updated: Layoffs at Wesgroup add to Vancouver condo industry’s woes

Layoffs at Wesgroup, Rennie in 2025 point to weakness in Vancouver's condo market, where pre-sales have slowed due to rising costs and declining revenues

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biv.com broke the news in on Friday, June 20, 2025.
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