Olymel has announced plans to cut 177 management positions.
The job cuts are primarily in Quebec and will mainly focus on administration.
The company says 57 current employees have received their layoff notices, while the remaining 120 positions are currently vacant.
Yanick Gervais, President and CEO of Olymel says after careful analysis, the difficult decision to significantly reduce our management staff is an answer to the need to adapt to unpredictable market conditions and to better position the company for the future.
"The effects of the COVID-19 pandemic and a historic labour shortage at our facilities, market and supply chain disruptions, raw material price inflation and an uncertain global economic landscape are all factors that make a case for optimized company business models. Olymel is no exception."
Olymel has production and processing facilities in Alberta, Saskatchewan, Ontario, Quebec and New Brunswick.