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Not automatically. To work for a new employer you generally need a new work permit, which usually requires the new employer to obtain a positive LMIA.
Because an employer-specific permit names a single employer, you cannot simply start working for a different company. Doing so would breach the conditions of your permit.
To switch employers, the new employer typically needs a positive LMIA, and you then apply to IRCC for a new work permit. You should wait for authorization before starting the new job. Planning ahead matters, since the LMIA and permit process takes time and working without the right permit can affect your status in Canada.
Get a personalised assessment from a licensed ACME advisor, or ask Acey.