Social media company Snap also announced that it plans to cut 1,000 full-time positions from its North American workforce – 16 per cent of the approximately 5,200 it has across the US and Canada – as part of cost-cutting measures and a strategy leveraging AI, the Canadian Press reported.
In a letter to employees on Wednesday, Snap asked all North American employees to work from home.
In 2025, Hudson’s Bay Company announced it is closing shop, and over 8,300 workers were left unemployed. Meanwhile, Starbucks also announced in September 2025 that it was set to close a number of its coffeehouses across North America, including Canada, and eliminate approximately 900 non-retail jobs as part of a sweeping restructuring effort aimed at strengthening its core business and enhancing the customer experience.
Affected 7-Eleven locations remain unspecified
The 7-eleven closures “include the conversion to wholesale fuel stores,” Japan‑based parent Seven & i Holdings reported in its financial filings, according to CBC.
The company has been steadily expanding its wholesale fuel operations in North America, which accounted for more than 900 locations as of December 2025, according to the report.