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WE Charity laying off staff, looking to sell real estate in Toronto

Last Updated Aug 13, 2020 at 8:56 am PDT

Summary

The WE Charity is making layoffs in Canada and the U.K.

The organization says it's looking to sell some of its real estate in Toronto

WE, which has been marred by controversy, says its financial position has been affected by COVID-19 and 'recent events'

OTTAWA — The WE Charity is making dozens of layoffs in Canada and the United Kingdom and looking to sell some of its real estate holdings in Toronto.

This comes as the organization deals with the fallout of the COVID-19 pandemic as well as weeks of political controversy surrounding a federal student grant program.

WE Charity says its financial position has been greatly affected by the health crisis and “recent events,” prompting a need to shift programming and reduce staff.

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At its global headquarters in Toronto, 22 full-time employees will be laid off and another 59 employees working on fixed-term contracts with the charity won’t have their contracts renewed when they expire at the end of the month.

WE Charity’s U.K. operations will be centralized in Canada, which means 19 full-time and contract employees in London will be laid off.

In addition, a number of buildings on a block near Moss Park in Toronto acquired by the charity as part of a 25th anniversary plan to create a youth campus will be assessed by the organization to determine which ones could be sold.