MaRS accelerator makes new round of staff cuts
October 9, 2024
TORONTO – The MaRS Discovery District has eliminated 19 positions, marking the second round of job cuts this year, in line with an attempt to reset the innovation-support organization’s business model under a new CEO. The cuts included eight advisers who work with startups and 11 in legal, information technology, and marketing and communications whose jobs were made redundant as part of a streamlining of the money-losing organization.
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