Topics regarding layoffs at United States Layoffs

Topics regarding layoffs at United States Layoffs

More than 300 REI employees being laid off

Another 357 people will be laid off from REI as the company braces for revenue in 2024 to be down from 2023. Those losing their jobs include 200 people at headquarters, 121 in distribution centers, 30 in experiences, and six in sales and customer... — read more 

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Post ID: @OP+1qLrd2cT

Layoffs, Restructuring at Mativ

https://www.marketwatch.com/story/mativ-to-save-40m-through-business-reorganization-layoffs-16362672

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Post ID: @OP+1qKHVJtL

L.A. Times sacks 115 employees

So it ended up with 115 losing their job, not 100 as initially stated. And on a Zoom call, no less.

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Post ID: @OP+1qJCaqnE

Riot Games Announces Layoffs

Riot Games announces layoff of 530 staff members, highlighting growing costs and a failure to drive player value as reasons. The layoffs at Riot Games are part of a larger trend in the video game industry, with many major studios downsizing and... — read more 

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Post ID: @OP+1qIHcpGm

TikTok is firing 60 in L.A., NYC, Austin and abroad

"TikTok is laying off employees in an effort to reduce costs, according to employees at the video-sharing platform, making it the latest technology company to conduct a round of staff reductions in recent weeks. About 60 employees were laid off... — read more 

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Post ID: @OP+1qImHuSh

Commercial Real Estate?

Folks have been discussing a commercial real estate problem for months. At what point does it crash? https://finance.yahoo.com/news/kevin-o-leary-says-coming-230043170.html

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Post ID: @OP+1qCTeHnF

Universal Music Group job cuts

“Universal Music Group is planning what may become hundreds of job cuts to its recorded music division in its first quarter, according to numerous reports. A company spokesperson confirmed the layoffs on Friday, but did not say how many were... — read more 

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| 612 views | | 1 reply (January 15, 2024)
Post ID: @OP+1qAx7W3U

Amazon and Google

https://www.cnbc.com/2024/01/12/amazon-citigroup-google-layoffs-money-and-job-search-moves.html

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Post ID: @OP+1qyYvhog

Citigroup: 20,000

https://www.thelayoff.com/citigroup https://www.cnn.com/2024/01/12/investing/citigroup-layoffs-earnings/index.html

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Post ID: @OP+1qyVkupI

Discord cuts 17% staff

Unfortunately, another batch of employees will get sacked because some company was recruiting as if pandemics will last forever. Discord, like many other tech companies, experienced growth due to pandemics, growing five times its size since 2020... — read more 

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| 391 views | | 1 reply (January 14, 2024)
Post ID: @OP+1qxoHxwT

A comprehensive list of 2023 & 2024 tech layoffs

The running total of layoffs for 2023 based on full months to date is 224,503, according to Layoffs.fyi. Tech layoffs conducted to date this year currently exceed the total number of tech layoffs in 2022, according to the data in the... — read more 

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Post ID: @OP+1qvK5NVC

Gearbox Publishing layoffs

There is apparently a series of layoffs going on. Embracer's spending and acquisition spree is coming home to roost. https://www.gamedeveloper.com/business/report-embracer-has-made-layoffs-at-gearbox-publishing

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Post ID: @OP+1qoElmlg

Invitae layoffs

According to a WARN notice filed to state regulators and obtained by The Standard, 235 workers in Invitae’s San Francisco headquarters were cut earlier this month across technical, recruiting, human resources and sales departments, including some... — read more 

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Post ID: @OP+1qaxoCXF

First Spotify, now Tidal

Music Streaming Service Tidal Lays Off More Than 10% of Staff Tidal, the high-fidelity music streaming service majority owned by Jack Dorsey-led digital payments company Block, has laid off more than 10% its staff, representing about 40 staffers... — read more 

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Post ID: @OP+1pXn4DCt

Another round of layoffs at Spotify

This is becoming ridiculous. The third round of layoffs in one year. This time it's 1,500 people. What the he-l is going on with this company?

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| 630 views | | 1 reply (December 4, 2023)
Post ID: @OP+1pUz8bnu

Novocure lays off 200 workers in plan to shave $60M off expenses

As it awaits regulatory clearance for its Tumor Treating Fields technology in non-small cell lung cancer—and in the wake of the technology’s recent trial failure in ovarian disease—Novocure is narrowing its workforce and its pipeline to help conserve... — read more 

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Post ID: @OP+1pPtrLBz

Even more gaming layoffs

Humble Games and 505 Games Owner Digital Bros Latest to Confirm Layoffs https://www.mmorpg.com/news/humble-games-and-505-games-owner-digital-bros-latest-to-confirm-layoffs-2000129489 Kongregate, Digital Bros. cut jobs in a growing wave of video game... — read more 

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Post ID: @OP+1pCsou3n

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