15 Corporate Mass-layoffs announced in the last 3 months

Twitch: 35% of workforce
Hasbro: 20% of workforce
Spotify: 17% of workforce
Levi's: 15% of workforce
Zerox: 15% of workforce
Qualtrics: 14% of workforce
Wayfair: 13% of workforce
Duolingo: 10% of workforce
Washington Post: 10% of workforce
eBay: 9% of workforce
Business Insider: 8% of workforce
Charles Schwab: 6% of workforce
Blackrock: 3% of workforce
Citigroup: 20,000 employees
Pixar: 1,300 employees

In 2022 and early-2023, we saw over 300,000 layoffs but they were almost entirely in tech companies.

Now, we are seeing layoffs across all industries as we kick off 2024.

8 replies (most recent on top)

Corporate greed is the new normal, keep cutting workers blame it on economy. Reality all companies extremely profitable it’s just not enough. AI is their hope to replace us all!! Tech companies selling them pipe dreams!!

People who downvote common sense replies that are citing facts are pathetic.

Wayfair admitted that the 100% remote workers were much more likely to be cut.
Easy to cut anyone who is sight unseen.
Easy come, easy go.
There’s a common thread running through all of these corporate tactics.

Would be interesting to see the proportion of those laid off that work remotely. Want to bet more than 50%?

cool

Tech is getting hit hard:

https://www.npr.org/2024/01/25/1226958284/microsoft-joins-other-tech-companies-slashing-jobs-laying-off-1-900-employees#:~:text=Live%20Sessions-,Microsoft%2C%20Google%2C%20Meta%2C%20other%20tech%20companies%20slash%20more%20than,bo-m%20times%20of%20the%20pandemic.

Layoffs will intesify.

Thread regarding General Motors layoffs

15 Corporate Mass-layoffs announced in the last 3 months

8 replies (most recent on top)

Post a reply