Tag Archives: hiring freeze

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

Read the original article by clicking here.

Increase in Jobless Claims as Big Business goes on a hiring freeze

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

Important Takeaways:

  • Jobless claims climb again, hovering near 8-month high
  • “Initial unemployment claims rose again during the latest week in an upward trajectory with no quick end in sight,” said Robert Frick, corporate economist at Navy Federal Credit Union.
  • With a plethora of companies, including Alphabet’s Google, Walmart, Apple, Meta and Microsoft, announcing hiring freezes or layoffs in recent weeks.
  • There are growing fears that the U.S. economy is on the cusp of — or already in — a recession as a result of the Federal Reserve’s war on inflation. The central bank is raising interest rates at the fastest pace in decades as it races to cool consumer prices, which surged 9.1% in June — the fastest year-over-year increase since 1981.

Read the original article by clicking here.