Global Layoffs Slow in Sign Cooling Economy Won’t Mean Recession "About 51,000 jobs were slashed worldwide in June, the lowest number since December, according to a Bloomberg analysis of job-cut announcements across almost 1,300 companies. Last... — read more
Binance could lay off thousands as company buckles down for DOJ probe, source says
Binance plans to lay off between 1,500 and 3,000 employees through the year in response to an ongoing Justice Department probe, a current employee familiar with the company’s plans told CNBC. A company spokesperson disputed the higher number. ... — read more
Stablecoin issuer Circle announces layoffs
"To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution," a statement from the firm said. To that end, it is reducing its financial exposure to what it calls "non-core... — read more
The era of tech layoffs is evolving in an interesting way
It isn’t surprising to see Microsoft cutting staff yet again, in addition to the roughly 10,000 workers it laid off earlier this year. The tech giant is slashing its sales headcount, which is usually one of the areas that technology companies tend to... — read more
Fast-growing IntelyCare confirms layoffs amid company reorganization
https://www.bizjournals.com/boston/inno/stories/news/2023/07/10/intelycare-reorganization-layoffs.html
Evernote undergoes major layoffs, shifts operations to Europe
Web 2.0-era personal productivity app maker Evernote Corp., acquired by Italian technology company Bending Spoons S.p.A. in November, has laid off most of its staff in the U.S. and Chile and has relocated the remaining staff to... — read more
Biotech layoffs 2023: In Q2, more than 700 Boston-area life science jobs were cut
https://www.bizjournals.com/boston/news/2023/07/03/biotech-layoff-tracker-q2-2023-boston-massachusett.html
Gene therapy developer SwanBio to narrow research focus, lay off half its workforce
SwanBio Therapeutics is the latest local life sciences company to trim its workforce and narrow its research focus to conserve cash in a tough market for raising investment... — read more
A comprehensive list of 2023 tech layoffs
January: 84,714 employees laid off February: 36,491 employees laid off March: 37,109 employees laid off April: 17,926 employees laid off May: 14,555 employees laid off https://techcrunch.com/2023/06/29/tech-industry-layoffs-2023/ — read more
Forman Mills searches for buyer, warns of potential bankruptcy and store closures
https://www.bizjournals.com/philadelphia/news/2023/06/21/forman-mills-245-layoffs-philadelphia-pa-sale.html
GKN Aerospace outlines plan to lay off hundreds as it shutters St. Louis-area plant
GKN Aerospace, one of the St. Louis region's largest manufacturers, gave a timeline Friday of its Hazelwood pant shutdown and planned layoff of over 700 workers that puts the closure later than previously... — read more
‘Destroyed the company’: Software giant Anaplan begins layoffs after Thoma Bravo’s $10.4B buyout deal
https://nypost.com/2023/06/23/software-giant-anaplan-begins-layoffs-after-thoma-bravos-10-4b-buyout-deal/
More layoffs announced in the pork industry
HyLife is working to help 87 employees deal with losing their jobs due to lay-offs, and approximately 50 of them are in Steinbach. The company points to challenges in the industry as the reason for reducing their workforce by around 3.5 percent... — read more
Olo layoffs - A message from Noah Glass, Olo Founder & CEO
Today, we are announcing a series of decisions that will shape the future of Olo and put our company on a stronger path to grow. These changes consist of a strategic reorganization that includes the addition of a Chief Operating Officer, as well as... — read more
Global tech layoffs have surpassed 206,000 since the start of 2023
More than 206,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. That number has gone up more than eightfold since mid-January, the website... — read more
Los Angeles Times layoffs
https://www.poynter.org/commentary/2023/inside-the-los-angeles-times-layoffs/
Sumo Logic Layoffs
Sumo Logic Layoffs Hit Engineers, Channel Organization Multiple engineers and channel-related employees of Sumo Logic have posted online about layoffs following the cloud and application monitoring and management tools vendor’s acquisition by a... — read more
Back Layoffs in US: Of over 80,000 job cuts in May, 3900 fired due to Artificial Intelligence in tech sector
US companies have announced startling job cuts in May this year, beating the record of 2022, according to executive coaching firm Challenger, Gray & Christmas... — read more
23andMe is cutting 9% of its staff
Personal genomics and biotechnology company 23andMe (NASDAQ:ME) is laying off roughly 9% of its workforce as part of its restructuring efforts and cost-saving initiatives. CEO and co-founder Anne Wojcicki approved the layoff of the 75 employees... — read more
Freshworks Implements Third Round of Layoffs in Six Months
https://startupstorymedia.com/insights-freshworks-implements-third-round-of-layoffs-in-six-months/
Wisconsin manufacturer AriensCo laying off workers at its facility in rural Brillion
AriensCo, a manufacturer of snow blowers, lawn tractors and zero-turf lawn mowers, is laying off some of its production employees in rural Brillion. In a statement, the company said it was immediately ending some of its second, third and weekend... — read more
Reddit laying off 90 people
That's a little less than five percent of employees.
Layoffs at ProMedica Continuing
https://www.13abc.com/2023/06/06/nearly-200-lose-jobs-promedica-skilled-nursing-memory-care-closures/
Laying off good employees
There is no logic to it. Intelycare laying off good employees while letting not so good ones remain is a big mistake. Admittedly, there are many companies that manage layoffs in exactly that way, leaving mediocre ones while cutting capable and... — read more
AI Replaced Almost 4,000 US Jobs in May
New research has revealed that 3,900 US jobs were lost to artificial intelligence (AI) in May, making it the seventh biggest factor behind job losses, behind economic challenges and large-scale cost-cutting... — read more
More layoffs at Spotify
https://www.cnbc.com/2023/06/05/spotify-layoffs-200-employees-or-about-2percent-of-its-workforce-cut.html
Inside the CBR layoffs and bad week
As reported by Popverse earlier this week, editor-in-chief Adam Swiderski was laid off. It soon emerged on social media that several other editors had been let go, including much respected senior new editor Stephen Gerding, who had been with the site... — read more
Trulieve leaving Massachusetts
All employees in the ca--abis growing facility as well as three retail shops throughout the state will be laid off.
ZipRecruiter Cuts 20% of Workforce in Latest Tech-Sector Layoffs
https://www.bloomberg.com/news/articles/2023-05-31/ziprecruiter-cuts-20-of-workforce-in-latest-tech-sector-layoffs#xj4y7vzkg
IntelyCare layoffs 2023
Layoffs are currently happening.
Nother game studio reports layoffs
Firaxis is latest video game studio hit by layoffs Firaxis Games, the video game studio behind Civilization, has laid off about 30 developers, a source familiar with the studio tells Axios. The layoffs happened yesterday, as studios are cutting... — read more
Fiber Industries faces more layoffs
Fiber Industries Chief Executive Officer Don Bockoven said that they have laid off another 37 employees. This follows a layoff in late November of 250... — read more