TSX:SIAHealthcare
What Sienna Senior Living (TSX:SIA)'s Staffing Cuts Amid New Funding Mean For Shareholders
Earlier this month, Sienna Senior Living reduced 1,300 full-time hours at its Case Manor long-term care home in Bobcaygeon, Ontario, prompting union rallies, grievances, and an expedited arbitration hearing before the Labour Board.
The cuts come shortly after the Ontario government announced a C$4.90 billion staffing and retention investment for personal support workers, putting Sienna’s staffing decisions under sharper public and regulatory scrutiny.
With the company’s recent share price...