Despite a booming job market overall, 2023 kicked off with the biggest tech companies laying off thousands of employees. Cuts at Microsoft hit Halo Infinite devs at 343 Industries and other game teams across the company, including at Bethesda... — read more 

More layoffs at FaZe Clan, this time it's almost half of the employees. This is the second round this year. The way things are going, I wouldn't be surprised if there is no FaZe Clan by the end of this year.

Sierra Club clashes with union over layoffs and restructuring plan The Sierra Club, one of the US’s oldest and largest environmental advocacy groups, is going through a turbulent restructuring, which a union has issued two formal complaints about... — read more 

https://www.ibj.com/articles/fishers-based-formstack-announces-layoffs

You would think they'd be a bit nervous these days. Especially since nobody is going to care if the government gets massively downsized since it's proven it is good for nothing. No sense paying all of these taxes for these results, so kiss it all... — read more 

"Ubisoft’s Customer Relation Center team is evolving its organization to focus on where we can have a significant impact while remaining steadfast in our commitment to consistently support our players anywhere in the world." the company said in a... — read more 

Jenny Craig employees are seeking to join a class-action lawsuit alleging the company violated federal and state WARN Acts, which require companies to give employees a 60-day notice ahead of any mass layoffs or facility closures... — read more 

https://www.linkedin.com/news/story/layoffs-climb-as-job-openings-fall-5623036/

500 people gone, most likely more to come.

https://www.thelayoff.com/lyft https://techcrunch.com/2023/04/27/lyft-layoffs-to-affect-26-of-workforce/

https://www.thelayoff.com/first-republic-bank

Buy-now-pay-later (BNPL) fintech Simpl is now among the several startups that conducted significant layoffs to cut costs and extend their runway, according to three sources aware of the... — read more 

https://www.castanet.net/news/Vernon/421786/Layoffs-issued-as-Tolko-cuts-shifts-in-Armstrong-Williams-Lake

Redfin Layoffs: 200 Out as Brokerage Retrenches for Third Time in a Year After two rounds of layoffs in less than a year, Redfin, the Seattle-based brokerage, last week cut around 200 more jobs, signaling its uncertainty of the residential real... — read more 

"JPMorgan Chase, Citigroup and Wells Fargo comfortably beat expectations for earnings in the first quarter, when the failures of smaller banks sent jitters through the... — read more 

This is huge! Montgomery County-based David’s Bridal, which sells wedding dresses and other clothing and accessories for special occasions, could lay off thousands of people across the country — including staff at four Allegheny County locations —... — read more 

Former Twitch employees have begun sharing concerns online that the recent string of layoffs from Amazon, as well as their desire to outsource many major areas of the brand, could lead to a compromise of “safety” for viewers and those who engage with... — read more 

Layoffs might start next week, but the full number depends on whether the company can find a buyer for the plant. I don't think it can be overemphasized how important this plant is for the town and what it will mean for the entire community if these... — read more 

https://therealdeal.com/national/2023/04/12/redfin-executes-third-wave-of-layoffs-in-a-year/

A Windsor Locks mattress factory will close later this year, resulting in 157 people losing their jobs, according to a notice filed with the Connecticut Department of... — read more 

https://www.bostonglobe.com/2023/04/10/business/more-layoffs-biogen-part-ongoing-restructuring/

NJ WARN Act was amended. Make sure you know your rights. Contact your TAA representative for extra benefits. Keep contacting/emailing the TAA representative until they tell you they have contacted the companies HR to get the information they... — read more 

Feb layoffs followed by resignations with no behavior change by leadership.

https://www.thelayoff.com/bank-of-new-york-mellon

Hyland has a history of funding growth, acquisitions and dividend payments to its private equity owners through debt, according to a 2022 credit report from Moody's, which apparently is creating some financial duress for the company in the wake of... — read more 

"Layoffs are up 319% this year, with tech companies leading the way in job cuts" https://www.foxbusiness.com/economy/job-cuts-surged-march-large-scale-layoffs-will-likely-continue-report

"Only 10 percent of U.S. adults say they have high confidence in the nation’s banks and other financial institutions, a new poll finds. That’s down from the 22 percent who said they had high confidence in... — read more 

Poor regulation and lack of oversight. What could possibly go wrong? https://www.brookings.edu/podcast-episode/will-silicon-valley-banks-collapse-lead-to-a-financial-crisis/

https://www.marketwatch.com/story/most-u-s-banks-are-technically-near-insolvency-and-hundreds-are-already-fully-insolvent-roubini-says-18b89f92

https://www.thelayoff.com/wal-mart-stores https://www.cnn.com/2023/04/04/business/walmart-warehouse-layoffs/index.html

Rumor is this will be company-wide and it will be huge - four digits huge.

Massive Layoffs Planned At Newington Manufacturer A manufacturer of window, doors, facades and shading systems for buildings announced Monday that economic difficulties will result in layoffs at the Newington... — read more 

https://www.thelayoff.com/mcdonald-s https://www.cnbc.com/2023/04/03/mcdonalds-closes-corporate-offices-as-workers-await-layoffs.html

https://www.thelayoff.com/microsoft https://www.seattletimes.com/business/microsoft-seattle-area-layoffs-top-2700-with-tech-giants-latest-cuts/