Tag Archives: 2023

Over the last year there have been massive amounts of layoffs, downsizing and hiring freezes: Mainstream isn’t giving the full picture

Leading-Companies-Layoffs-2023

Important Takeaways:

  • Intellizence offers the latest Layoffs, Downsizing, Job Cuts, and Hiring Freeze data for market intelligence, customer intelligence, sales intelligence, and risk intelligence activities. We monitor public sources like news and WARN filings for the latest layoff and hiring freeze announcements. We aggregate, de-duplicate, normalize, and deliver the curated layoff data through API and Web dashboard.
  • Major Layoffs and Hiring Freezes in 2023 & 2024
  • Microsoft
  • of Employees to be Laid off: 1900
  • Lloyds Banking Group
    • of Employees to be Laid off: 1600
  • Valeo
    • of Employees to be Laid off: 1150
    • Industry: Automobile
  • eBay
    • of Employees to be Laid off: 1000
  • Corning Inc.
    • of Employees to be Laid off: 1000
    • Industry: Manufacturing
  • Salesforce
    • of Employees to be Laid off: 700
    • Industry: Technology
  • Tata Steel
    • of Employees to be Laid off: 2800
  • Macy’s
    • of Employees to be Laid off: 2000
  • Wayfair
    • of Employees to be Laid off: 1650
  • Bosch
    • of Employees to be Laid off: 1200
  • Citi Group
    • of Employees to be Laid off: 20,000
  • Google
    • of Employees to be Laid off: 1000
    • Industry: Technology
  • Unity Software
    • of Employees to be Laid off: 1800
    • Industry: Technology
  • GDI Integrated Facilities Services
    • of Employees to be Laid off: 1867
    • Industry: Consumer Services
  • Twitch
    • of Employees to be Laid off: 500
    • Industry: Media
  • Telefonica
    • of Employees to be Laid off: 3421
    • Industry: Telecommunication
  • Enphase Energy
    • of Employees to be Laid off: 340
    • Industry: Energy & Utilities
  • Johnsonville
    • of Employees to be Laid off: 400
    • Industry: Consumer Products
  • Xerox
    • of Employees to be Laid off: 15% of Workforce
    • Industry: IT Services & Outsourcing
  • Earth
    • of Employees to be Laid off: 20% of Workforce
    • Industry: Automobile
  • Google
    • of Employees to be Laid off: 30,000
  • Telefonica
    • of Employees to be Laid off: 3,400
    • Industry: Telecommunication
  • Paytm
    • of Employees to be Laid off: 1000
    • Industry: Technology
  • PT Waskita Karya
    • of Employees to be Laid off: 500
    • Industry: Construction
  • Agilent Technologies
    • of Employees to be Laid off: 400
  • ShareChat
    • of Employees to be Laid off: 200
    • Industry: Technology
  • Hasbro
    • of Employees to be Laid off: 1100
    • Industry: Retail
  • State Street Corp.
    • of Employees to be Laid off: 1500
    • Industry: Financial Services
  • General Motors
    • of Employees to be Laid off: 1300
  • Alitalia
    • of Employees to be Laid off: 3000
    • Industry: Aviation
  • Spotify
    • of Employees to be Laid off: 1500
    • Industry: Media & Entertainment
  • Guangzhou Automobile Group Honda
    • of Employees to be Laid off: 900
    • Industry: Automobile
  • CBC/ Radio Canada
    • of Employees to be Laid off: 600
    • Industry: Media & Entertainment
  • Capita
    • of Employees to be Laid off: 900
    • Industry: IT Services & Outsourcing
  • Nien Hsing Textile Co.
    • of Employees to be Laid off: 700
    • Industry: Textiles
  • Surefox North America
    • of Employees to be Laid off: 386
    • Industry: Security
  • Stellantis
    • of Employees to be Laid off: 6400 (buyout)
    • Industry: Automobile
  • HannesBrands
    • of Employees to be Laid off: 1592
  • Alstom
    • of Employees to be Laid off: 1500
    • Industry: Manufacturing
  • Embracer Group
    • of Employees to be Laid off: 900
    • Industry: Technology
  • Maersk
    • of Employees to be Laid off: 10,000
    • Industry: Shipping & Ports
  • Block
    • of Employees to be Laid off: 1000
    • Industry: Technology
  • Pico Interactive
    • of Employees to be Laid off: 2000
    • Industry: Technology
  • Viasat
    • of Employees to be Laid off: 800
    • Industry: Telecommunication
  • Charles Schwab
    • of Employees to be Laid off: 2000
  • TVA Group
    • of Employees to be Laid off: 500
  • Splunk
    • of Employees to be Laid off: 560
  • Pfizer
    • of Employees to be Laid off: 800
  • VW Group
    • of Employees to be Laid off: 2000
  • British Steel
    • of Employees to be Laid off: 2000
  • AGCO
    • of Employees to be Laid off: 900 (Furlough)
    • Industry: Manufacturing
  • Fox Fashion
    • of Employees to be Laid off: 50% of Employees (Furlough)
  • AMD
    • of Employees to be Laid off: 450
  • Nokia
    • of Employees to be Laid off: 14000
  • Rolls-Royce
    • of Employees to be Laid off: 2500
  • International Paper
    • of Employees to be Laid off: 900
  • LinkedIn
    • of Employees to be Laid off: 668
  • Qualcomm
    • of Employees to be Laid off: 1260 (2.5% of the workforce)
  • Sana Biotechnology
    • of Employees to be Laid off: 29% of the workforce
    • Industry: Healthcare
  • Stellantis
    • of Employees to be Laid off: 700
  • Qualtrics
    • of Employees to be Laid off: 780 (14% of the workforce)
  • Hopper
    • of Employees to be Laid off: 30% of Workforce
  • General Motors and Ford Motor
    • of Employees to be Laid off: 900
  • Pushkin Industries
    • of Employees to be Laid off: 30% of Workforce
  • Byju’s
    • of Employees to be Laid off: 5000
  • Centene Corp.
    • of Employees to be Laid off: 2000
  • Epic Games
    • of Employees to be Laid off: 830
  • Airtable
    • of Employees to be Laid off: 27% of Employees
  • Deloitte UK
    • of Employees to be Laid off: 800 (3% of Employees)
  • Ford
    • of Employees to be Laid off: 600
  • Goodyear
    • of Employees to be Laid off: 1200
  • Slalom Consulting
    • of Employees to be Laid off: 900
  • Roku
    • of Employees to be Laid off: 10% of its Employees
  • Wilko
    • of Employees to be Laid off: 1300
  • Tyson Foods
    • of Employees to be Laid off: 4600
  • Farmers Insurance
    • of Employees to be Laid off: 2400 (11% of Employees)
  • T-Mobile
    • of Employees to be Laid off: 5000
  • Royal Bank of Canada (RBC)
    • of Employees to be Laid off: 1800
  • GM
    • of Employees to be Laid off: 936
  • Giant Foods
    • of Employees to be Laid off: 400
  • Matheson
    • of Employees to be Laid off: 335
  • Klaussner Furniture Industries
    • of Employees to be Laid off: 800
  • Cano Health
    • of Employees to be Laid off: 700
  • Credit Suisse
    • of Employees to be Laid off: 80% of Employees
  • Emergent BioSolutions
    • of Employees to be Laid off: 400
  • Yellow Corp
    • of Employees to be Laid off: 30000
  • Telus
    • of Employees to be Laid off: 6000
  • CVS Health
    • of Employees to be Laid off: 5000
  • BCE
    • of Employees to be Laid off: 5000
  • AT&T
    • of Employees to be Laid off: 1000
  • Accenture
    • of Employees to be Laid off: 890
  • Ericsson
    • of Employees to be Laid off: 750
  • Microsoft
    • of Employees to be Laid off: 1000
  • Lendlease
    • of Employees to be Laid off: 750
  • Regina Miracle
    • of Employees to be Laid off: 8400
  • Amdocs
    • of Employees to be Laid off: 2000
  • Viaplay
    • of Employees to be Laid off: 1000
  • Wall Green Boots
    • of Employees to be Laid off: 393

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Weather events around the country are breaking records and costing billions: Seems like we’re in constant survival mode

Map-US-weather-damage

Important Takeaways:

  • The US has suffered a record 23-billion-dollar climate disasters so far this year costing an eye-watering $57.6 BILLION – as tornadoes, wildfires and flooding ravaged the nation
  • Hundreds of Americans have died due to climate catastrophes in 2023, which has already smashed records for the highest number of billion-dollar disasters incurred in a single year.
  • The National Center for Environmental Information has released eye-watering figures on the human and financial cost of recent weather events after Hurricane Idalia and the horrific Maui wildfires tipped the scales this year.
  • With four months still to go, the US has been struck by 23 disasters which came at a loss of at least $1 billion each – eclipsing the previous annual record of 22 events with a 10-figure price-tag in 2022.
  • Some 253 people perished in climate catastrophes this year, which have incurred a financial toll of $57.6 billion – and this expense doesn’t yet include Hurricane Idalia.
  • Adam Smith, the NOAA applied climatologist and economist said ‘I would not expect things to slow down anytime soon’

Read the original article by clicking here.

CFO survey shows 68% believe recession will hit in first half of 2023

Rev 6:6 NAS “And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • The recession will hit in the first half of 2023 and the Dow is headed lower: CNBC CFO survey
  • According to the majority (68%) of CFOs responding to the survey, a recession will occur during the first half of 2023. No CFO forecast a recession any later than the second half of next year, and no CFO thinks the economy will avoid a recession.

Read the original article by clicking here.