Topics regarding layoffs at United States Layoffs

Topics regarding layoffs at United States Layoffs

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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| 610 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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| 390 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

AmFam Layoffs

Any news of how many individual contributors got laid off this week enterprise wide? The General had 6 layoffs in IT this week out of 70+ employees.

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Post ID: @OP+1pBMaiJm

Dowco layoffs

In Manitowoc, Dowco, Inc., a company that makes canvas covers and other accessories for boats, announced on Oct. 16 that 53 employees would be laid off starting Dec. 11. In a letter to DWD, the company said the layoffs were due to consolidation of... — read more 

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Post ID: @OP+1poy5Kii

Bungie Unleashes Layoffs

“Today is a sad day at Bungie as we say goodbye to colleagues who have all made a significant impact on our studio,” Bungie CEO Pete Parsons wrote in a statement on X, formerly known as Twitter. “What these exceptional individuals have contributed... — read more 

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Post ID: @OP+1pn2yx7w

500+ Laid off at Convoy

This has to do with the economy slowing down, interest rates up, etc.... Trucking company Convoy has laid off the majority of its roughly 550 employees after revenue "collapsed" this year, according to The Information.

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| 430 views | | 1 reply (October 23, 2023)
Post ID: @OP+1pe3PPh6

Bullhorn

About 150 Cut... Staffing software company Bullhorn announced a 9% reduction in force, citing a downturn in the staffing industry. Bullhorn currently has around 1,600 employees.

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Post ID: @OP+1peJXWxr

BMO Bank layoffs

BMO plans layoffs at downtown Milwaukee tower BMO Bank plans to lay off 44 employees at its downtown Milwaukee location. The layoffs will impact employees based out of BMO Tower at 790 N. Water St. The company informed the state of Wisconsin of... — read more 

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