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
Cloudflare under fire after TikTok video of layoff goes viral
https://www.thestreet.com/employment/cloudflare-under-fire-after-tiktok-video-of-layoff-goes-viral
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
Even more gaming layoffs
It's Embracer again. What the heck is going on with this industry???
Mahle Behr laying off 466 in North Charleston closure
A German automotive supplier that makes parts for air conditioners and radiators is shutting down its North Charleston factory, leaving 466 workers without... — read more
Amazon and Google
https://www.cnbc.com/2024/01/12/amazon-citigroup-google-layoffs-money-and-job-search-moves.html
Citigroup: 20,000
https://www.thelayoff.com/citigroup https://www.cnn.com/2024/01/12/investing/citigroup-layoffs-earnings/index.html
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
SoFi Layoffs to Hit 7% of the Workforce
https://finance.yahoo.com/news/sofi-layoffs-hit-7-workforce-163000140.html
Around 500 staff will go at Twitch in another round of layoffs
https://siliconangle.com/2024/01/09/around-500-staff-will-go-twitch-another-round-layoffs/
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
Gaming industry's good start of 2024 - more layoffs
They laid off people across the board. Archiact is just one of many in the gaming industry that opened the year with layoffs. Is this year going to be as bad as the last?... — read more
Safariland to lay off 40 GH Armor Systems employees in Dover
Safariland, which in 2017 acquired Pacific Safety Products' GH Armor Systems, gave notice of the impending layoffs Wednesday to the Tennessee Department of Labor and Workforce... — read more
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
Massive Layoffs Are Coming in 2024
https://www.newsweek.com/mass-layoffs-happening-2024-hiring-freeze-1855942
Ferroglobe USA Metallurgical layoffs 2023
https://www.bizjournals.com/birmingham/news/2023/12/20/selma-plant-reports-plans-to-lay-off-employees.html
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
Flyhomes announces 3rd round of layoffs since 2022
Seattle-based brokerage and mortgage lender Flyhomes announced another round of layoffs on Friday. The company had layoffs in July and November 2022, with one round impacting 20 percent of its... — read more
One-click checkout company Bolt confirms another round of layoffs
https://techcrunch.com/2023/12/14/one-click-checkout-bolt-another-round-of-layoffs/
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
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?
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
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
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.
Layoffs hit Recurrent Ventures following CEO shakeup
Recurrent Ventures, a venture equity-backed digital media rollup company, informed employees of a new round of layoffs on Monday. Monday's layoffs have impacted multiple brands within Recurrent's... — read more
Arbutus Biopharma CEO to retire as company cuts workforce by 24%
https://www.bizjournals.com/philadelphia/news/2023/11/08/arbutus-william-collier-retire-layoffs-hepatitis-b.html
Ava Labs Confirms Layoffs, Affecting 12% of Avalanche Studio's Employees
Crypto startup Ava Labs, which supports the Avalanche blockchain network, laid off a substantial portion of its workforce Monday, multiple impacted employees confirmed with... — read more
Bloom Energy trims dozens more jobs, Bay Area layoffs now top 100
Bloom Energy has revealed plans to trim dozens more jobs in the Bay Area, cutbacks that have sent the green energy company’s local layoffs past the 100 mark, new official state labor agency filings... — read more
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
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
Hippo starts workforce layoffs to curb expenses
https://www.insidepandc.com/article/2cde0xzfxt0y675qsq874/personal-lines/hippo-starts-workforce-layoffs-to-curb-expenses
Salsify cuts over 100 jobs, moves some roles abroad
Salsify is shrinking its team and moving some roles abroad as the company aims to set itself up for a “more agile and competitive future,” according to Jason Purcell, Salsify’s CEO and... — read more
Tough news from Morgan Olson
Instead of growing and hiring as it was expected before the pandemic, we're now laying off.
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.
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.
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