Irving Mill Lays Off Nearly Half Its Workers Due to NB Power Rates

The Irving mill in New Brunswick has laid off nearly half of its workforce, attributing the decision to rising power rates from NB Power. This significant reduction in staff reflects the challenges the mill faces in maintaining operations under increasing energy costs. The layoffs are part of a broader trend affecting the region's industrial sector, as companies struggle with financial pressures. The exact number of employees affected has not been disclosed, but the impact on the local economy is expected to be substantial.

LayoffTalk has tracked 10 layoff events at New Brunswick since October 2023, affecting a combined 1,090 employees.