https://www.sfgate.com/tech/article/airtable-layoffs-hundreds-workers-again-18376248.php
How Long It Takes To Find a Job in 2023 (and 5 Ways To Get It Done Faster)
Whether you’re a new college grad or a professional looking to change jobs, you’ll likely face a longer job hunt than in the height of the Great Resignation. The U.S. Bureau of Labor Statistics found that the average period of unemployment in August... — read more
This is all kinds of wrong
Divvy Homes goes from $2B valuation to third round of layoffs in a year The layoffs — its third round in the past year — represents the latest blow to the real estate tech company, as mortgage interest rates have continued to... — read more
GIA Lays Off 151 Employees at Carlsbad Headquarters
In late July, the lab let 151 employees go, primarily in its laboratory, as well as some in corporate positions, Stephen Morisseau, the GIA’s director of communications, told Rapaport News Sunday. The lab made the layoffs as a result of a drop in the... — read more
Layoffs are not sparing the cybersecurity sector
Nearly 50 cybersecurity companies have laid off almost 5,000 employees since the start of the year.
Unemployment Ticked Up to 3.8 Percent in August — But Not Because of Layoffs
While it’s hard to get too upset about the level of unemployment, a 0.3 pp jump in a single month is disconcerting. However, on closer look, the story may not be that bad. The jump in unemployment was due to a big jump in people in the labor force... — read more
Mitchell Gold + Bob Williams abruptly closes
Interim CEO Chris Moye wrote in a letter to employees that the economic climate has presented challenges in securing additional financing to continue operations, the Washington Post... — read more
I wish more people would sue their companies
Federal court orders Koffee Kup to pay damages to laid-off employees A federal court in Burlington last Thursday found that Koffee Kup, which closed in 2021, violated the federal law when it laid off hundreds of employees without sufficient... — read more
Futuro Media announces layoffs, cites ‘months of economic uncertainty’
https://www.latimes.com/delos/story/2023-08-25/futuro-media-layoffs
2023 biopharma layoffs now match 2022’s total
Layoffs in the biotech industry for 2023 have matched the total number of companies that cut staff in all of 2022, with 119 biopharmas reporting workforce reductions so far this year, according to an analysis of Fierce Biotech data... — read more
First wave of layoffs at Milwaukee Master Lock facility will begin in November
https://biztimes.com/first-wave-of-layoffs-at-milwaukee-master-lock-facility-will-begin-in-november/
Opera News Shutting Down U.S. Publication
Opera News is shutting down its U.S.-based publication, the Metropolitan Opera Guild announced Tuesday, adding to layoffs at CoinDesk, Entertainment Tonight and Hearst Magazines in the last month, as a brutal series of closures and job losses rock... — read more
Layoffs expected at CoinDesk
CoinDesk, the crypto media company that broke the story that led to the fall of crypto exchange FTX and its founder Sam Bankman-Fried, is eliminating positions, according to an internal note from its CEO to staff obtained by Axios... — read more
US layoffs fall to lowest level in nearly a year
American employers announced fewer layoffs in July than the year before, marking the first year-over-year decrease in more than a year and bolstering prospects that a resilient labor market will help the economy avoid a... — read more
Job openings, layoffs declined in June in a positive sign for the labor market
Employment openings totaled 9.58 million for June, edging lower from the downwardly revised 9.62 million in May, according to the Labor Department’s JOLTS report. Layoffs nudged down to 1.53 million, after totaling 1.55 million in May. Quits... — read more
Armstrong Teasdale cuts attorneys and staff
https://molawyersmedia.com/2023/08/01/armstrong-teasdale-cuts-attorneys-and-staff/
Shipping company Yellow Corp. lays off Toledo, BG employees
Yellow Freight, a national trucking company has closed its operations in Northwest Ohio - leading to hundreds of workers being laid off at three area distribution sites, according to an 18-year employee at the... — read more
Austin tech company Phunware cutting third of employees
Phunware has gone through some ups and downs in recent years. In its latest move, the company is making deep cuts in hopes of improving its financial... — read more
Some potentially good news
Global Layoffs Slow in Sign Cooling Economy Won’t Mean Recession "About 51,000 jobs were slashed worldwide in June, the lowest number since December, according to a Bloomberg analysis of job-cut announcements across almost 1,300 companies. Last... — read more
Binance could lay off thousands as company buckles down for DOJ probe, source says
Binance plans to lay off between 1,500 and 3,000 employees through the year in response to an ongoing Justice Department probe, a current employee familiar with the company’s plans told CNBC. A company spokesperson disputed the higher number. ... — read more
Stablecoin issuer Circle announces layoffs
"To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution," a statement from the firm said. To that end, it is reducing its financial exposure to what it calls "non-core... — read more
The era of tech layoffs is evolving in an interesting way
It isn’t surprising to see Microsoft cutting staff yet again, in addition to the roughly 10,000 workers it laid off earlier this year. The tech giant is slashing its sales headcount, which is usually one of the areas that technology companies tend to... — read more
Fast-growing IntelyCare confirms layoffs amid company reorganization
https://www.bizjournals.com/boston/inno/stories/news/2023/07/10/intelycare-reorganization-layoffs.html
Evernote undergoes major layoffs, shifts operations to Europe
Web 2.0-era personal productivity app maker Evernote Corp., acquired by Italian technology company Bending Spoons S.p.A. in November, has laid off most of its staff in the U.S. and Chile and has relocated the remaining staff to... — read more
Biotech layoffs 2023: In Q2, more than 700 Boston-area life science jobs were cut
https://www.bizjournals.com/boston/news/2023/07/03/biotech-layoff-tracker-q2-2023-boston-massachusett.html