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Survey Indicates Startup Job Losses So Far Have been Limited

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Fewer than one-third of Atlantic Canadian startups have reduced staff since the COVID-19 crisis began, according to a new survey into the impact of the pandemic on the regional technology sector.

The survey, carried out by Entrevestor and Pivotal Coaching, also indicated that only 16 percent of the region’s innovation-driven startups expect to reduce staff from current levels in the next three months.

Forty percent of respondents anticipated revenues will increase or remain the same in the second quarter of calendar 2020 compared to the first quarter, and 95 percent


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