Zach Perret's message to Plaid employees December 07, 2022 Today, I’m announcing the most difficult change we have had to make at Plaid to date. I made the hard decision to reduce the size of our team, and in doing so, to say goodbye to... — read more 

https://techcrunch.com/2022/10/14/beyond-meat-layoffs-sales-slump/amp/

The following are the benefits that will be provided to the 180 Asana employees who were terminated today: Three months of basic pay, career services, a $500 stipend, and stock vesting in late December. There is no mention of immigration-related... — read more 

Coinbase announces round 2 of layoffs for talent and institutional onboarding teams, as reported by TheInformation. https://www.theinformation.com/articles/coinbase-is-cutting-more-jobs

Personal news that every journalist dreads sharing: After 3 years at Adweek, I was laid off today. I'm so proud of all the work I did and I'm forever grateful for the people I worked with, some of whom have become lifelong friends. But let's be real... — read more 

County/Parish Notice Date Received Date Effective Date Company "Layoff/ Closure" "No. Of Employees" Address San Diego County 06/23/2022 07/08/2022 08/23/2022 Cue Health Inc. Layoff Permanent 9 6225 Nancy Ridge Dr. San Diego CA 92121 San... — read more 

Thousands of employees affected.

Today we’re announcing the hardest change we have had to make at Stripe to date. We’re reducing the size of our team by around 14% and saying goodbye to many talented Stripes in the process. If you are among those impacted, you will receive a... — read more 

Oct. 22, 2022 - Vacasa’s layoffs affect roughly 3% of the company’s workforce, primarily in its corporate divisions, Skift reported—its second round of cuts this year following its decision to let go of 25 sales employees in July—a spokesperson told... — read more 

Mass layoffs at Brex, 136 people have been cut.

Who wants to bet that this is just the beginning? "Spotify is pulling 11 original podcasts from the platform, which will impact studios Parcast and Gimlet and involve less than 5% layoffs from Spotify’s podcast staff, a source familiar with the... — read more 

Almost 5K laid off... Things are looking pretty bad... https://therealdeal.com/2021/06/01/troubled-construction-startup-katerra-will-shut-down-report/

Instacart has been letting go of staff, slowing hiring and curbing other expenses as it heads toward a public listing, when the grocery-delivery company will try to convince public investors that it can maintain its growth—and make a profit—as the... — read more 

Layoffs have started, and both regular and contracted employees are affected. Also, pretty much all departments are affected. It might be a good time for all to start looking at other industries for employment because things are not looking so great... — read more 

More layoffs are coming to Compass by the end of next month. This follows the June layoffs when nearly 500 people were cut. Agents are the only ones who can consider themselves safe at this point, at least for now. I wonder how many more layoff... — read more 

SoulCycle is closing 20 stores across the nation The high-intensity indoor cycling trend is perhaps falling out of favor as SoulCycle plans to close 20 locations across the U.S. and Peloton recently announced it is laying off nearly 800 workers... — read more 

Does anybody know if the US is affected by the latest layoffs?

Nearly a quarter of employees laid off.

115 employees to lose their jobs in September.

https://panhandle.newschannelnebraska.com/story/46954693/exxonmobil-conocophillips-employees-face-the-biggest-pension-drop-in-a-generation

Rivian, the Amazon-backed manufacturer of electric pickups, SUVs and delivery vans, is laying off about 6% of its workforce as the company adjusts as the "world has dramatically changed," according to an email sent by CEO RJ Scaringe to Rivian's... — read more 

All the remaining stores will be gone by the end of September. I left a few years ago but even then everybody could see this coming. I'm sad for all the people who're going to lose their jobs, but I'm sure all will land on their feet. In retail, the... — read more 

CEO is out, major layoffs incoming.

https://www.bostonglobe.com/2022/07/22/business/latest-tech-layoff-whoops-workforce-drops-by-150/

Dunkirk Wells ice cream plant is laying off employees.

So, if Amazon buys One Medical, would this mean layoffs? Do they come in, replace internal IT staff and set up a new operation? How does this work after a merger is done?

Here is the link for the story: https://www.geekwire.com/2022/seattle-real-estate-startup-flyhomes-cuts-20-of-staff-citing-uncertain-economic-conditions/

https://www.bizjournals.com/nashville/news/2022/07/19/asurion-layoffs.html

https://www.dispatch.com/story/business/2022/07/19/layoffs-olive-latest-several-area-job-cuts/10098229002/

We've been massively over-hiring here lately and that now came back to bite us in the a-s. I'm not sure how many will be laid off in the U.S. by the end of this restructuring, but the number will not be small.

Second round of layoffs in Gemini within two months. "The company had not widely communicated the extent of Monday’s layoffs internally, leaving employees to speculate on the exact number of co-workers laid off in this most recent downsizing. A... — read more 

LoanDepot is laying off 4,800 people, or 42 percent of its workforce. I think that's a record so far this year.

Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’ OpenSea tells TechCrunch the company will have 230 employees following the layoffs. This leads me to believe that about 50 people got axed in this... — read more 

Just want to start a thread on this. Here is background: https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5

https://techcrunch.com/2022/06/29/niantic-layoffs-cancel-projects-pokemon-go/amp/