The Ottawa-based firm, which makes technology and equipment for live events and broadcasts, will have 1,400 employees after the cuts, director of communications Erica Watts told The Logic via email. Ross has 20 offices worldwide, and Watts not say how many of the roughly 140 laid-off staff are located in Canada. But workers at the company’s Ottawa head office and a manufacturing facility in Iroquois, Ont., were reportedly affected. (The Logic, CBC)

Talking point: The layoffs come two months after Ross received $49 million from the federal Strategic Innovation Fund (SIF) for its $236-million, five-year project to create a cloud event-production platform. As my colleague Murad reported, the project was expected to increase the company’s employee count in Canada to 1,900. Watts conceded the layoff has slowed Ross’s progress to its SIF funding commitments, but said the company expects to hit the 1,900 figure by the end of the project. Innovation, Science and Economic Development Canada media relations officer Sean Benmor said in an email that SIF funding recipients are required to report changes that could affect their ability to meet their obligations, but would not comment on Ross’s case, citing confidentiality.