Latest news with #GovernmentAgency
National Post
23-05-2025
- Business
- National Post
Canada Revenue Agency confirms 280 job cuts, mostly in capital region
The Canada Revenue Agency is cutting 280 jobs, most of them in the National Capital Region, employees were told Thursday. Article content Article content A statement from a spokesperson for CRA said the job cuts would mostly impact internal services and the agency would be initiating voluntary-departure programs 'and, where required, retention processes.' Article content The news was delivered to employees in a message from CRA Commissioner Bob Hamilton and Deputy Commissioner Jean-François Fortin. Article content 'The CRA, just like any other government funded institution, must operate within its budget,' the spokesperson's statement said. 'The financial challenges facing the CRA have been driven by the end of temporary program funding, government-wide savings initiatives and a shift in operational pressures. This is an agency-led decision driven by fiscal responsibility. Article content Article content 'Throughout this process, the agency has remained focused on minimizing the impacts on both employees and service to Canadians.' Article content The memo from Hamilton and Fortin said executive positions were also affected by cuts. 'Employees affected by (workforce adjustments) have already been contacted directly by their management.' Article content The notice also said CRA had been examining its operating budget since early 2023 and had taken previous steps to meet required government savings as well as to ensure ongoing financial viability. Article content In April 2024, it announced a moratorium on converting term employees to permanent status, and in November there were new hiring restrictions as well as cost-cutting measures such as reduced consultant contracts, travel, training and overtime. Article content Article content 'Throughout this entire process, our goal has been to minimize the impact on you, our employees, on our core business, and on service to Canadians. That continues to be our focus,' the memo to employees said. 'At each stage, we have been transparent with you about the difficult decisions we have had to make, and we remain committed to keeping you informed.' Article content Article content 'Further analysis is currently underway, and we will continue to communicate with you when decisions that could impact employees are made. Given the amount of work underway, we don't anticipate any new (workforce adjustment) announcements before the fall,' the memo said. Article content
Yahoo
06-05-2025
- Business
- Yahoo
Orion Highlights Demand for its Energy Efficient Lighting Fixtures and Buy American Act Compliant LED Lighting at LightFair 2025 May 6-8 (Booth 1811)
Orion has also commenced work on LED retrofits as well as new construction LED lighting projects for over 20 facilities for a US Government Agency. Total revenue potential is over $3M with most to be completed in Orion's current fiscal year. Orion has commenced LED lighting and electrical infrastructure improvement projects in 3 U.S. Government Agency facilities. The 3 projects are expected to exceed $4M in total revenue and to be completed in Orion's current fiscal year. U.S. Government Agencies Select Orion BAA Products and Electrical Services For 20+ Facilities Over Several Years Orion has proudly manufactured lighting products in the United States for over 26 years and offers a wide assortment of BAA-compliant LED lighting fixtures that we proudly manufacture in our Manitowoc, WI facility. A large multinational logistics company has commenced work on 10+ sites to date in US and Canada, with another 40-50 sites slated over the next two years. Total revenue potential is $4M-$5M. ESCO Partners Select Orion's Industry Leading Energy-Efficient LED Lighting Several of Orion's ESCO partners have recently selected Orion products for their customers' multi-site energy efficient LED retrofit lighting projects, including over 450 facilities throughout North America over the next several years. Orion delivers some of the highest quality and most energy-efficient LED lighting products available on the marketplace, enabling its ESCO partners to deliver a compelling ROI to their end customers. Orion's quality products, customer service and short lead times help its partners achieve success with their customers. Orion is showcasing many of its US manufactured LED lighting products and highlighting its flexible supply chain and ability to meet customer needs at LightFair 2025 in Las Vegas, today, Tuesday, May 6 th through Thursday, May 8th (Booth #1811). LAS VEGAS and MANITOWOC, Wis., May 06, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting, electric vehicle charging station and maintenance services solutions, today disclosed recent solid traction for its LED lighting products through Energy Service Companies (ESCOs) as well as U.S. Government agencies selecting Orion's Buy American Act (BAA) Compliant LED lighting products. Story Continues Sally Washlow, CEO commented, 'Orion is well positioned with a diversified line of high-quality, energy efficient LED lighting solutions to meet a variety of customer needs. Our focus is on excellent design, industry leading energy efficiency and high-quality domestic manufacturing to deliver the most compelling customer experience and return on investment. 'We expect growth in key product SKUs in the current environment and are excited to highlight our high-quality lineup of US-manufactured products that are available with modest lead times and largely sheltered from the current tariff environment. As always, we remain committed to making products here in Wisconsin and proud of our ongoing commitment to quality and innovation.' About Orion Energy Systems ( Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance. Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our Sustainability and Governance priorities, goals and progress here or visit our website at Safe Harbor Statement Certain matters discussed in this press release, are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'will,' 'would' or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission. Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at or at in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. Engage with Us X: @OrionLighting and @OrionLightingIR StockTwits: @OESX_IR Investor Relations Contacts Per Brodin, CFO William Jones; David Collins Orion Energy Systems, Inc. Catalyst IR pbrodin@ (212) 924-9800 or OESX@
