CNN to Begin Mass Layoffs

CNN CEO Chris Licht informed employees in a recent email that a new round of layoffs is underway. CNN recently had a round of layoffs in September, which included Brian Stelter and the demotion of Don Lemon. The email begins, “Our …

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Layoffs Are Happening All Over The Place

by BoatSurfer600 via investing: LONDON (Reuters) -British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) after the online furniture seller collapsed into administration, resulting in about 400 job losses. Made.com hit the buffers on Wednesday, …

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Global Financial Crisis (“GFC”) era layoffs were in the 20-30K at a time range. This is a MATERIAL cut (this isn’t 400-500 workers cut). Wowzers!

Global Financial Crisis ("GFC") era layoffs were in the 20-30K at a time range. This is a MATERIAL cut (this isn't 400-500 workers cut). Wowzers! https://t.co/Y08BJJ5wJL — Gordon Johnson (@GordonJohnson19) November 9, 2022 Big Breaking#Facebook Parent $Meta Lays Off More …

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LAYOFFS ROSE 48% IN OCTOBER

LAYOFFS ROSE 48% IN OCTOBER — The_Real_Fly (@The_Real_Fly) November 7, 2022 As mass layoff announcements keep rolling in while the Fed keeps selling the public a lagging data based strong labor narrative it’s always worth remembering that the Fed will …

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Meanwhile, in our “booming economic recovery” (cough), the layoffs are starting to add up. Will it extend to Congress next week?

Layoffs announced in the last day: – Lyft 13% of workers– Opendoor 18%– Stripe 14%– Chime 12%– Twitter 50%– Morgan Stanley (% unknown) — Genevieve Roch-Decter, CFA (@GRDecter) November 3, 2022 https://twitter.com/TheLayoff?t=_Elw5alB0WH8dP0ytQH_7w&s=09 There are more resurfacing with more #s… Twitter …

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Twitter Layoffs Based On Code Commits

for non-industry audience, code commits are a rough measure of how much software you wrote. it’s actually not a great measure but it’s simple, you can generate a report on everyone in a few minutes. https://twitter.com/libsoftiktok/status/1586945373825687554 code commits are how …

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Intel is Planning Massive Layoffs

Just the beginning. We’re going to see large corporations completing large layoffs between now and the end of the year. Most are going to happen after the elections. The MSM is trying to keep it quiet. https://www.bloomberg.com/news/articles/2022-10-11/intel-is-planning-thousands-of-job-cuts-in-face-of-pc-slowdown AC

Twilio CEO announces 11% of employees will lose jobs in ‘Anti-Racist’ focused layoffs

https://www.foxbusiness.com/economy/twilio-ceo-announces-11-of-employees-lose-jobs-anti-racist-focused-layoffs Twilio CEO Jeff Lawson announced in a message to all employees that 11% of its workforce would be laid off, stating that they made the layoffs through an “Anti-Racist” and “Anti-Oppression” lens. The San Francisco-based corporate communications company CEO …

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Layoffs are coming quickly…

Business at the Pennsylvania art industry firm where he worked had been brisk until a few months ago. But lately, jitters about the crashing stock market and a possible recession had many regulars tapping the brakes on new purchases. “Over …

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