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London, Ontario, now has Canada's highest unemployment rate. The region lost approximately 1,800 jobs in April. Nationally, Canada unexpectedly lost 17,700 jobs last month. Full-time positions decreased by over 46,000 nationwide. Economists view London's crisis as a warning for Canada's industrial economy.
https://easternherald.com/2026/05/10/canada-jobs-crisis-ontario-unemployment-surges/
A&O Shearman is streamlining operations. The firm is cutting business services roles in its London office. Approximately 20 positions are impacted. These cuts primarily affect IT, finance, and marketing teams. This follows previous headcount reductions in 2024.
London
https://abovethelaw.com/2026/05/more-post-merger-layoffs-come-to-ao-shearman/
Universal Music Group's Mercury Studios laid off several staff. MD Kelly Sweeney and other senior staff exited the company. Mercury Studios is based in London. The studio produces music documentaries and live concert recordings. These layoffs reflect a contraction in the documentary and TV production sectors.
https://deadline.com/2026/03/layoffs-universal-music-group-mercury-studios-1236744728/
Employees at BIG's London office are protesting today. This action responds to proposed mass layoffs at the firm. A major project, employing half the London staff, was recently terminated. Up to 72 of 160 workers face redundancy as a result. The Unite trade union supports the employees and criticizes BIG's conduct.
https://www.dezeen.com/2026/02/03/big-staff-protest-london/
London, England
London City Council overrode Mayor Randall Weddle's vetoes on Tuesday. This included an amended budget ordinance. The new budget could lead to 87 city employee layoffs. Affected employees are filing a wrongful termination lawsuit. The budget changes are set to take effect next Thursday.
https://www.wkyt.com/2025/12/30/london-mayor-city-council-clash-over-budget-employees-face-layoffs/
Confirmed, saw a couple of ex colleagues on Linkedin being laid off recently from SAP Fieldglass, QA Team, based in London
https://www.reuters.com/business/finance/citis-london-office-overhaul-costs-hit-15-billion-2025-09-14
https://www.efinancialcareers.com/news/citi-london-cuts