Tag Archives: downsizing

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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More job cuts ahead for Amazon, CEO says will continue into next year

Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • Amazon CEO says more job cuts coming next year
  • Amazon CEO Andy Jassy said in a note to employees on Thursday that the company is cutting jobs, and the downsizing will continue into next year.
  • “I’ve been in this role now for about a year and a half, and without a doubt, this is the most difficult decision we’ve made during that time (and, we’ve had to make some very tough calls over the past couple of years, particularly during the heart of the pandemic),” he wrote. “We are working to support those who are affected and trying to help them find new roles on teams that have a need; and in cases where that’s not possible, we are offering packages that include a separation payment, transitional health insurance benefits, and external job placement support.”

Read the original article by clicking here.