Recent News and Discussions About Massive Layoffs
Companies that announced Major Layoffs and Hiring Freezes
Intellizence has curated a list of major companies that have announced mass layoffs , job cuts, downsizing, hiring freezes, and furloughs.
Layoffs Sweeping the US: Coinbase, Netflix Making Cuts
https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5
3 days ago — A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Coinbase to Tesla.
Layoffs and Job Reductions – The New York Times
https://www.nytimes.com/topic/subject/layoffs-and-job-reductions
News about Layoffs and Job Reductions, including commentary and archival articles published in The New York Times.
Unity Buys Another Company As Staff Fumes Over Massive …
https://kotaku.com/unity-ironsource-merger-ad-tech-layoffs-1849173304
2 days ago — Unity Buys Another Company As Staff Fumes Over Massive Layoffs . The company’s latest merger: Ironsource, an ad tech company.
Tech and crypto firms experienced massive layoffs in May …
https://fortune.com/2022/06/04/tech-and-crypto-firms-experienced-massive-layoffs-in-may-heres-how-bad-it-really-is/
Jun 4, 2022 — On Friday, Tesla became the latest tech company to announce layoffs are coming, joining Netflix, Robinhood, and a slew of others.
Tesla sued by former employees over ‘mass layoff’ | Reuters
https://www.reuters.com/business/tesla-sued-by-former-employees-over-mass-layoff-2022-06-20/
Jun 21, 2022 — Former Tesla Inc employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a ” mass layoff ” …
Tech Layoffs In 2022: The U.S. Companies That Have Cut Jobs
https://news.crunchbase.com/startups/tech-layoffs-2022/
3 days ago — Tech companies as big as Netflix have slashed jobs this year, with some citing the effects of the COVID-19 pandemic and others pointing to …
Is the economy heading toward mass layoffs? Not so fast …
https://www.latimes.com/business/story/2022-06-06/musk-tesla-layoffs-us-economy-recession-jobs-employment
Jun 6, 2022 — Sixty-six tech companies have had layoffs in 2022 so far, affecting more than 16,000 jobs, according to tech job tracker Layoffs .fyi. Twitter …
How to Conduct Mass Layoffs – Nolo
https://www.nolo.com/legal-encyclopedia/how-to-conduct-mass-layoffs.html
Mass layoffs are difficult for any business, but when changing circumstances require a workforce reduction it is critical to make a plan. · Get Senior Employees …
Managing Downsizing by Means of Layoffs – SHRM
https://www.shrm.org/resourcesandtools/tools-and-samples/toolkits/pages/managingdownsizing.aspx
A ” mass layoff ” occurs when at least 500 employees, excluding part-time employees, lose employment during any 30-day period, or if at least 33 percent of the …
Frequently Asked Questions
What is a mass layoff called?
Why are so many layoffs happening?
What companies are laying off 2021?
- TomTom. M. of Employees Laid off: 500. …
- StartTek. No. of Employees Laid off: 472. …
- Coinbase. Hiring Freeze. Industry: Fintech. …
- Laceworks. No. of Employees Laid off: 300. …
- BBC Four & CBBC. No. …
- SWVL. No. …
- Bolt Financial. No. …
- Uber. Hiring Freeze.
What do you mean by layoffs?