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Recent Layoffs

November 4, 2020
Sodexo
New York, USA
https://www.sodexo.com/home.html
Food Serivce

Laid Off Employees:

Laid Off Percent:

Source: Times Union
A leading food service provider is laying off hundreds of campus employees around New York thanks to reduced demand brought on by the COVID-19 pandemic. Sodexo is laying off 126 workers at the University at Albany, as well as 71 at SUNY’s Oneonta campus, according to a notice with the state Department of Labor. The company is also laying off 34 people at Manhattan College in Riverdale, Bronx, and 45 at the EF English language school in Tarrytown.
October 29, 2020
Remedy
Austin, TX
https://www.myremedy.com/

Laid Off Employees:

Laid Off Percent:

October 28, 2020
NBCUniversal
United States
https://www.nbcuniversal.com/
Media

Laid Off Employees:

Laid Off Percent:

Source: FOX News
NBCUniversal has begun making staff cuts across its entertainment portfolio including its sports and cable channels, broadcast networks, movie studio and theme parks, according to people familiar with the matter.
October 21, 2020
HSBC
Buffalo, NY
hsbc.com
Diversified Financial Services

Laid Off Employees:

Laid Off Percent:

15

October 15, 2020
IBM
Global
https://www.ibm.com/us-en/
Information Technology and Serivces

Laid Off Employees:

Laid Off Percent:

October 14, 2020
Macquarie
United States
https://www.macquarie.com/us/en.html
Finance

Laid Off Employees:

Laid Off Percent:

October 2, 2020
Boeing
United States
https://www.boeing.com/
Aerospace

Laid Off Employees:

Laid Off Percent:

Source: CNBC
Boeing will be offering a second voluntary layoff package to employees to depart the company, with pay and benefits, the planemaker said on Monday.
September 30, 2020
KPMG
https://home.kpmg/xx/en/home.html

Laid Off Employees:

Laid Off Percent:

Source: Going Concern
Two days before the start of KPMG’s 2021 fiscal year, massive layoffs unfortunately occurred at the firm on Tuesday. We received confirmation that 1,400 people, less than 4% of KPMG’s workforce, would be notified this afternoon that they no longer have a job with the firm.
September 16, 2020
FOX News
United States
https://www.foxnews.com/
Media

Laid Off Employees:

Laid Off Percent:

3%

Source: Hollywood Reporter
Fox News will lay off staff in a reorganization and restructuring of its businesses. “As Fox News Media has evolved into a streamlined multiplatform organization, we are realigning several functions and restructuring various divisions in order to position all of our businesses for ongoing success,” a Fox News spokesperson told The Hollywood Reporter in a statement. No on-air talent are expected to be impacted by the changes, and less than 3 percent of staff will lose their jobs in the reorg. Fox News' parent company Fox Corp. employees about 9,000 people, and has been reorganizing its businesses by division. In July, Fox Sports laid off between 50 and 100 people in a similar move to "streamline" operations. Fox Corp. had mostly avoided layoffs since selling its entertainment assets to Disney last year.
September 16, 2020
KCRW
Santa Monica, CA
https://www.kcrw.com/
Media

Laid Off Employees:

28

Laid Off Percent:

18%

Source: The Wrap
KCRW has eliminated 28 jobs through buyouts and layoffs as the Santa Monica-based public radio station projects a whopping 30% loss to its operating budget due to the pandemic. In an open letter published on Wednesday, KCRW President Jennifer Ferro said that while a federal loan through the Paycheck Protection Program helped the station keep staff on through last month, the ongoing economic damage caused by the pandemic led the station to offer voluntary buyouts to staff, which 24 staffers agreed to take. Another four positions were eliminated on Wednesday, bringing the total to 28 — or roughly 18% of the station’s full- and part-time staff.
September 16, 2020
Raytheon
United States
https://www.rtx.com/en
Tech

Laid Off Employees:

8000

Laid Off Percent:

Not Reported

Source: WFSB
Raytheon, the parent company of Pratt & Whitney, announced its plans for layoffs is deepening. The company announced back in July that it was cutting more than 8,000 jobs. On Wednesday, the company said that number has grown to 15,000. Raytheon has yet to provide a breakdown of where the jobs cuts will take place, or if any Connecticut employees will be affected, as both Pratt & Whitney and Collins Aerospace have locations in other parts of the country.
September 16, 2020
Dave & Busters
United States
https://www.daveandbusters.com/
Food Serivce

Laid Off Employees:

1300

Laid Off Percent:

Not Reported

Source: Restaurant Dive
Dave & Buster's staggering same-store sales decline and the scope of these layoffs reflect the toll coronavirus restrictions and closures have taken on the eatertainment category. As of Sept. 9, the chain had reopened 89 of its 137 stores — located in 40 states, Puerto Rico and Canada — with reduced hours and limited capacity. These reopened locations offer socially distant seating and game configurations and a reduced food menu. “We did not foresee how significantly and for how long a time the pandemic and related government lockdown orders would impact our business. We also did not foresee that lockdown orders, initially issued for short durations in only a few cities, would spread throughout the country and be repeatedly extended,” Kathryn Rainey, Dave & Buster's senior director of human resources, told Colorado in a WARN letter.
September 16, 2020
Kohl's
Menomonee Falls, WI
khols.com
Retailing

Laid Off Employees:

Laid Off Percent:

15%

Source: CFO
Hundreds of Kohl’s employees lost their jobs on Tuesday as the retailer slashed its corporate workforce, citing the COVID-19 pandemic. Kohl’s said it expects to save about $65 million annually through the reduction of its corporate positions by about 15%. It did not release the number of positions affected but thousands of people work in the corporate staff. The layoffs will “further align [Kohl’s] cost base in response to the business impact resulting from the COVID-19 pandemic,” the company said in a regulatory filing. Kohl’s previously eliminated around 250 positions in February as part of a pre-pandemic corporate restructuring. The pandemic forced Kohl’s to temporarily close all of its more than 1,100 stores this spring. The stores have reopened but revenue slipped 23.1% to $3.4 billion in the second quarter
September 15, 2020
Citi
Global
https://www.citigroup.com/citi/
Finance

Laid Off Employees:

Laid Off Percent:

1%

Source: Market Watch
Citi is going to resume job cuts after a pause during the pandemic, according to reports from Bloomberg News and Financial Times citing a statement. The Citi job cuts will amount to less than 1% of its workforce, which totaled 204,000 at the end of June. Citi said its overall staff levels would be stable due to recent hiring.
September 15, 2020
Delaware North
United States
https://www.delawarenorth.com/
Food Serivce

Laid Off Employees:

517

Laid Off Percent:

Not Reported

Source: WKBW
Delaware North laid off 517 full-time positions on Tuesday as COVID-19 continues to hammer the hospitality management and food service industry across the globe. "Losing valued employees is never easy, but it was important to us to pay out a severance to these associates," said Glen White, Delaware North's Director of Communications. The Buffalo-based company, which has operations globally, says it was clear that the impacted roles "would not return in the foreseeable future," which led to the layoffs.
September 14, 2020
Dell Technologies
Round Rock, TX
https://www.delltechnologies.com/
Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: KVUE
Dell Technologies is preparing to eliminate jobs as more businesses continue to struggle amid the coronavirus pandemic, Bloomberg News reported on Monday. According to the report, the company's chief operating officer, Jeff Clarke, informed staff during its quarterly meeting that the layoffs won't be limited to any particular team or division within the company. Bloomberg reported that the company did not elaborate on the number of jobs that would be eliminated but, according to filings, Dell had 165,000 employees at the end of January.
September 14, 2020
Microsoft
Fargo, ND
https://www.microsoft.com/
Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: KVRR
Microsoft lays off employees at its Fargo campus. A spokesperson for the company would not say how many people were affected. The company’s headquarters in Redmond, Washington put out a statement that says, a small percentage of the employee base in Fargo was eliminated. Microsoft says it reflects adaptions to business needs and does not change its commitment to having a company presence in Fargo.
September 14, 2020
Airbus
Toulouse, France
https://www.airbus.com/
Airlines

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Reuters
Airbus AIR.PA has stepped up warnings of compulsory layoffs as air travel fails to recover as quickly as expected from the coronavirus crisis, putting itself on a potential collision course with unions and the French government.
September 14, 2020
Siemens
Fort Madison, IA
https://new.siemens.com/global/en.html
Manufacturing

Laid Off Employees:

130

Laid Off Percent:

Not Reported

Source: WGEM
130 workers are set to be laid off at the Siemens factory in Fort Madison, Iowa, according to Lee County Economic Development Group President and CEO, Dennis Fraise. Fraise says the announcement was made today, and the layoffs are due to the factory phasing out their shorter blade product. Over 400 employees will still work at the plant after the layoffs are complete. Fraise also says the Lee County Economic Development Group will work with the laid off workers to help them get jobs in Lee County.
September 14, 2020
Louis S. Wolk Jewish Community Center of Greater Rochester
Rochester, NY
https://jccrochester.org/
Non-profit Organization Management

Laid Off Employees:

296

Laid Off Percent:

Not Reported

Source: 13 WHAM
Nearly 300 workers at the Louis S. Wolk Jewish Community Center of Greater Rochester are being laid off. According to a WARN Notice, the reason for the layoffs is listed as “unforeseeable business circumstances prompted by COVID-19”. The notice says 343 employees were furloughed in mid-March. Of those workers, 296 will be permanently separated Monday. "While we were hopeful that this furlough would be temporary in nature and therefore, not result in a mass layoff, the ongoing restrictions imposed by New York State, in particular those relative to the operation of a fitness center, have now made it impossible for us to avoid such action," a spokesperson for the JCC said in a statement.
September 11, 2020
NS8
Las Vegas, NV
https://www.ns8.com/en-us
Tech,Data

Laid Off Employees:

240

Laid Off Percent:

95%

Source: Forbes
Just months after raising over $100 million from venture capital investors, fraud prevention startup NS8 laid off hundreds of employees on Thursday after informing them it was under investigation for fraud. In a letter sent to employees, the Las Vegas-based company said on Thursday that it was forced to downsize after “sudden and unforeseen circumstances.” The letter was shared on Twitter by local publication Vital Vegas. The startup’s CEO, Adam Rogas, abruptly left the company last week, he confirmed to Forbes.
September 11, 2020
HubHaus
San Francisco, CA
https://thehubhaus.com/
Software,Tech

Laid Off Employees:

Laid Off Percent:

100%

Source: The Information
Executives at HubHaus, a venture capital–backed startup that manages shared homes, are taking steps to shut down the company after struggling to attract tenants and raise venture capital, three people familiar with the matter said. HubHaus has unsuccessfully shopped itself to a potential buyer in recent weeks, and also sought emergency funding. The company’s investors told people recently they expect it to shut down, two of the people said. Last week, HubHaus let go of its seven or so remaining employees, who focused on growth and property acquisition, the second of two rounds of staff cuts the company made this year.
September 9, 2020
Under Armour
Global
https://www.underarmour.com/
Retail

Laid Off Employees:

600

Laid Off Percent:

Not Reported

Source: Baltimore Sun
Under Armour expects to lay off about 600 global employees this year as part of its ongoing restructuring plan. The layoffs were disclosed in a federal securities filing Tuesday in which the Baltimore-based company said it is increasing the cost of that plan by $75 million. Under Armour’s board approved the additional spending Sept. 2, bringing the cost of the restructuring to about $550 million to $600 million, the filing said. The sports apparel maker, already struggling before the coronavirus pandemic, had announced in April a $475 million to $575 million restructuring plan for this year. “This restructuring plan was developed prior to [Under Armour] assessing the potential impacts of the COVID-19 pandemic and the Company stated that it would continue to evaluate necessary actions in response to the pandemic,” the company said in the latest filing with the Securities and Exchange Commission.
September 9, 2020
Waze
Global
https://www.waze.com/
Tech

Laid Off Employees:

30

Laid Off Percent:

5%

Source: The Verge
Waze, the Google-owned navigation and mapping service, will lay off 5 percent of its global workforce, or about 30 people out of 555 total employees, the company’s CEO said in an email to employees. Waze will also close several of its offices in the Asia-Pacific and Latin America regions as it seeks to refocus its business on certain markets. Waze said the layoffs were partly due to the coronavirus pandemic, which has emptied roadways around the world and sent many cities into lockdown. As shelter-in-place and working from home become the new norm, fewer people are using Waze for their daily navigation needs. Fewer eyeballs on the app means less advertising revenue for the company. Waze, which was acquired by Google in 2013 for a reported $1.1 billion, has seen a dip in both monthly active users, or the number of customers using the app each month, and driven kilometers, the metric by which the company measures how far its customers drive while using Waze.
September 8, 2020
SeaWorld
Orlando, FL
https://seaworld.com/
Entertainment

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Orlando Weekly
Central Florida’s labor problems were exacerbated on Friday when SeaWorld officially let go of all its furloughed employees. The move was felt across nearly every department at the Orlando-based chain but especially at SeaWorld's Orlando parks.
September 8, 2020
Regional Transportation District
Denver, CO
https://www.rtd-denver.com/
Logistics

Laid Off Employees:

635

Laid Off Percent:

Not Reported

Source: 9 News
Regional Transportation District (RTD) staff will suggest cutting 25-30% of budgeted positions, which could work out to about 635 employees losing their jobs, according to an internal memo to RTD staff Tuesday afternoon obtained by Next with Kyle Clark. The proposed cuts include both salaried and union workers, according to the memo sent by RTD’s Interim CEO Paul Ballard. The president of Amalgamated Transit Union Local 1001, Lance Longenbohm told Next representatives from RTD told him in a recent meeting that the agency was looking at eliminating 650 union-represented positions, 470 of which were filled.
September 8, 2020
DAZN
United States; Brazil
https://www.dazn.com/en-US/l/sports/
Sports,Media

Laid Off Employees:

Laid Off Percent:

2%

Source: Awful Announcing
The sports media industry has been hit hard this year amidst the COVID-19 pandemic, with major layoffs and furloughs taking place across many companies, and the latest ones are at streaming company DAZN. DAZN already furloughed many of their events staff back in March and April, also saying then that they wouldn’t make further rights payments until those events returned. They made further programming and executive changes this summer amidst discussions of various plans to obtain more funding. Now, they’ve laid off dozens of staffers. Awful Announcing has learned that these latest layoffs primarily involve people in production and marketing, that they’ve hit the U.S. particularly hard, and that they’ve been described as a consolidation towards DAZN’s planned global service rather than the current country-specific model. John Ourand of Sports Business Journal has more on these cuts:
September 5, 2020
Swing Education
San Mateo, CA
https://swingeducation.com/
Tech,Education

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: San Francisco Chronicle
As the coronavirus forced schools to close in the spring, startup Swing Education, which matched substitute teachers with schools, saw 90% of its revenue evaporate in two weeks. It laid off staff. With most school districts sticking to online classes in the fall, the 5-year-old San Mateo startup is focusing on a new kind of business: learning pods, where it matches teachers looking for work with families who want self-contained classes. “The need that’s out there right now is pretty overwhelming,” said Mike Teng, Swing’s CEO.
September 4, 2020
Venus Fashion
Jacksonville, FL
https://www.venus.com/
Retail

Laid Off Employees:

120

Laid Off Percent:

Not Reported

Source: Jacksonville Business Journal
Venus Fashion will be permanently laying off approximately 120 employees at its distribution center starting next month, the company told the state in a Worker Adjustment and Retraining Notification Act. The company, most well known for its swimwear, did not provide a reason for the layoffs in the notice, which was filed Aug. 10 and released by the state this week. Venus had been in growth mode the past several years; it leased the 224,000-square-foot distribution center at 1 Imeson Park Blvd. three years ago, opening up space at its Marco Beach Boulevard headquarters. Last year, the company said it was looking to add 100 workers to the 500 that were at headquarters and the several hundred more at the distribution center. The growth came as the company reconceived how it marketed its apparel. The company has traditionally relied on direct catalogue mailers to customers, with no brick-and-mortar sales. While the company still uses direct-mail catalogues for about half of its marketing plan, it transitioned to online, texting and social media marketing that helped prompt a spike to $300 million in annual sales, the company said in October 2019.
September 4, 2020
KEXP
Seattle, WA
https://www.kexp.org/
Media

Laid Off Employees:

8

Laid Off Percent:

17%

Source: Patch
Seattle's KEXP is cutting eight positions, as the donor-backed music radio station and non-profit arts organization faces a 17 percent shortfall in annual revenue. In an e-mail sent to volunteers Friday morning, KEXP Executive Director Tom Mara said the layoffs would affect full-time-equivalent positions in the guest services, business support, executive leadership, engagement and software teams. Mara said approximately 80 percent of the non-profit's budget covers payroll, and cuts in other areas were already exhausted and insufficient to cover the gap. "While we have been taking steps to mitigate the financial impact Covid-19 has on the organization, they have not been sufficient to offset losses relating to our business support and in-person events revenue," Mara wrote. "Most of KEXP's on-air underwriting support comes from industries that have themselves been heavily disrupted by COVID — music, performing arts, sports and entertainment, restaurants, travel. We cannot know when, or if, those industries will return to a pre-covid 'normal.'"
September 2, 2020
Awok
Dubai
http://www.awok.com/
Tech,Retail

Laid Off Employees:

Laid Off Percent:

100%

Source: Menabytes
Dubai-based ecommerce platform Awok has shut down just a little over a year after raising $30 million in one of the largest investment rounds for an ecommerce startup in the region. The development was first hinted in a Reddit thread started by a Dubai resident on Saturday and earlier this morning by Omar Kassim in a series of tweets. Awok has just confirmed that it has in fact shut down in a statement posted on its homepage.
September 2, 2020
Akerna
Denver, CO
https://www.akerna.com/
Tech,Marijuana

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Marijuana Business Daily
An Akerna spokesperson released a statement to Marijuana Business Daily confirming the acquisition led to layoffs at the company. “As a company,” Akerna said in the statement, “we prioritize our people first and foremost, but sometimes it is unfortunately necessary to reduce staff. “This is never a decision taken lightly and one that is avoided at all costs. Our recent changes reflect our commitment to positive growth in a responsible and efficient manner.”
September 2, 2020
Ascension Michigan
Troy, MI
https://healthcare.ascension.org/
Healthcare

Laid Off Employees:

223

Laid Off Percent:

Not Reported

Source: Crain's Detroit Business
Ascension Technologies, the St. Louis-based hospital giant's information-technology services arm, will lay off more than 200 employees in Michigan. Ascension notified Michigan officials that it plans to eliminate an estimated 223 network operations and service desk jobs in Troy between Oct. 24 and Nov. 25. The health system is outsourcing its responsibilities to an outside vendor, according to Ascension's notification.
September 2, 2020
Ford
United States
https://www.ford.com/
Automotive

Laid Off Employees:

1400

Laid Off Percent:

Not Reported

Source: New York Times
Ford Motor Co said on Wednesday it is targeting the elimination of 1,400 U.S. salaried jobs by year end as part of a multiyear $11 billion restructuring. The layoffs will be achieved through voluntary buyouts, the U.S. automaker said in an email sent to employees. The buyouts will be offered to employees who are eligible for retirement. "We’re in a multiyear process of making Ford more fit and effective around the world," Ford's Americas President Kumar Galhotra said in the email. "We have reprioritized certain products and services and are adjusting our staffing to better align with our new work statement."
September 2, 2020
Amtrak
Washington, DC
http://www.amtrak.com/
Transportation

Laid Off Employees:

100

Laid Off Percent:

Not Reported

Source: News 10
Amtrak is set to cut 1,950 members and 100 management positions. According to a media relations spokesperson for Amtrak, based on a review of their fiscal operating plan and planned service levels for 2021, significant reductions in staffing will be necessary. Amtrak Media Relations released the following statement: “For the past several weeks, Amtrak has conducted a thorough review of our FY 2021 operating plan, as well as our planned service levels for next year. Based on this review, we have identified our staffing needs for next year. While we have implemented initiatives to minimize the number of furloughs and involuntary separations, significant reductions remain necessary due to the slow recovery of ridership and revenue. Approximately 1,950 agreement team members will be furloughed and approximately 100 management positions will be involuntary separated over the coming weeks.”
September 2, 2020
Droga5
New York, NY
http://www.droga5.com/
Marketing

Laid Off Employees:

40

Laid Off Percent:

7%

Source: AdAge
Accenture Interactive-owned Droga5 laid off 7 percent of its U.S. staff on Wednesday, about 40 people, mostly in the New York office and across all levels of the company and in all departments. “Droga5 has made the decision to transition out a number of our people as we continue managing our business for the long term to best serve our clients," an agency spokesperson said in a statement to Ad Age’s Lindsay Rittenhouse. "All of those affected will be provided severance benefits. We are grateful for all of their contributions to the agency." In August, a paper in Australia (founder David Droga’s country of origin) reported that Accenture would cut 25,000 workers globally, about 5 percent of its workforce, due to the pandemic. But an unnamed source told Business Insider the Droga5 cuts are due to the agency’s business, not mandated by Accenture.
September 2, 2020
Amtrak
New York, USA; New Jersey, USA
http://www.amtrak.com/
Transportation

Laid Off Employees:

Laid Off Percent:

Source: News 10
Amtrak is set to cut 1,950 members and 100 management positions. According to a media relations spokesperson for Amtrak, based on a review of their fiscal operating plan and planned service levels for 2021, significant reductions in staffing will be necessary. Amtrak Media Relations released the following statement: “For the past several weeks, Amtrak has conducted a thorough review of our FY 2021 operating plan, as well as our planned service levels for next year. Based on this review, we have identified our staffing needs for next year. While we have implemented initiatives to minimize the number of furloughs and involuntary separations, significant reductions remain necessary due to the slow recovery of ridership and revenue. Approximately 1,950 agreement team members will be furloughed and approximately 100 management positions will be involuntary separated over the coming weeks.”
September 1, 2020
GoBear
Singapore, Singapore
https://www.gobear.com/
Finance

Laid Off Employees:

22

Laid Off Percent:

11%

Source: Tech in Asia
Financial services platform GoBear has laid off 22 staff members from its offices in Singapore, Vietnam, the Philippines, and Ukraine as part of its cost-cutting measures to improve efficiency amid the pandemic.
September 1, 2020
Big Fish Games
Seattle, WA
https://www.bigfishgames.com/
Media

Laid Off Employees:

250

Laid Off Percent:

Not Reported

Source: Venture Beat
Big Fish Games announced it has cut 250 jobs as it restructures the mobile game publisher and developer to “address scaling challenges and reinforce the company’s positioning for growth.” If that sounds vague to you, it does to me, too.
August 31, 2020
MGM International
United States
mgm.com
Leisure Products,Consumer Discretionary

Laid Off Employees:

18000

Laid Off Percent:

Not Reported

Source: Eater
Nearly 18,000 employees at MGM Resorts International, the largest employer in the state, found out that their furloughs turned into layoffs, effective today. Before the coronavirus pandemic, the company employed about 52,000 in Las Vegas, MGM Resorts did not announce the number of local staff laid off. These layoffs effect MGM Resorts properties nationwide.
August 31, 2020
HSBC
Global
hsbc.com
Diversified Financial Services

Laid Off Employees:

Laid Off Percent:

15%

Source: Business Insider
HSBC US wants to leverage upgraded identity verification and onboarding technology — central to its new digital account opening functionality — to grow its mass-affluent consumer checking account product, reports Bank Innovation. The UK-based bank has struggled globally: It has plans to offload business units, cut $4.5 billion in costs, and lay off 15% of its global workforce.
August 28, 2020
Coca-Cola
United States; Puerto Rico; Canada
https://us.coca-cola.com/
Food Products

Laid Off Employees:

4000

Laid Off Percent:

Not Reported

Source: CNN
Coca-Cola will cut thousands of jobs and reduce its number of business units as it faces declining beverage sales in the pandemic. Coke said Friday the job cuts would come in the form of voluntary and involuntary reductions. It plans to first offer buyouts to 4,000 employees in the US, Canada and Puerto Rico and then offer a similar voluntary program in other countries. The number of people who take the buyout will reduce the number of involuntary layoffs, the company said.
August 28, 2020
Exela Technologies
Austin, TX
https://www.exelatech.com/
Information Technology and Serivces,Tech

Laid Off Employees:

81

Laid Off Percent:

Not Reported

Source: Austin Business Journal
A subsidiary of Exela Technologies Inc. plans to lay off 81 employees in Austin. The impacted positions are part of the operations department at Exela Enterprise Solutions LLC, according to a Worker Adjustment and Retraining Notification Act letter sent to the Texas Workforce Commission on Aug. 20. The layoffs are expected to begin Nov. 1 and the positions will be permanent, according to the letter. The layoffs are due to the “consolidation and relocation within the company of the duties and responsibilities” of the operations department, according to the letter. The Austin facility is located at 6301-8 E. Stassney Lane.
August 27, 2020
General Atomics
Palmdale, CA
https://www.ga.com/
Aerospace & Defense

Laid Off Employees:

630

Laid Off Percent:

Not Reported

Source: Layoff List Tip
Privately held drone maker General Atomics of San Diego, California, is laying off approximately 630 employees. “General Atomics Aeronautical Systems, Inc. can confirm a reduction in force involving 6% of its workforce,” a spokesperson wrote in an email to Defense News late Wednesday. “This reduction was made to balance resources with customer requirements.” The layoffs were announced internally Wednesday and confirmed by the company, which did not specify which operations were impacted.
August 27, 2020
Ideastream
Cleveland, OH
https://www.ideastream.org/
Media

Laid Off Employees:

8

Laid Off Percent:

Not Reported

Source: Cleveland Scene
Ideastream, the local nonprofit media organization which operates the Cleveland NPR (90.3 WCPN) and PBS (WVIZ) affiliates, as well as classical radio station 104.9 WCLV, will lay off eight employees due to Covid-19 cost-cutting measures. WCPN's Nick Castele reported the internal news Wednesday, noting that five vacant positions would remain unfilled as well. The eight layoffs, he wrote, will affect ideastream's arts, multimedia and sales teams. (The online version of the story included a postscript indicating that ideastream's management did not edit the story or review it prior to publication.)
August 26, 2020
Salesforce
San Francisco, CA
https://www.salesforce.com/
Tech

Laid Off Employees:

1000

Laid Off Percent:

2%

Source: Wall Street Journal
Salesforce.com Inc. has started to notify some of its staff they could lose their job a day after the business-software provider reported record sales, sending its stock surging. Salesforce Chief Executive Marc Benioff in March pledged on Twitter that the company would avoid any significant layoffs for 90 days during the pandemic even as the company shifted to remote working. He called on other CEOs to follow him in a “no layoff” pledge. “We’re reallocating resources to position the company for continued growth,” Salesforce said in a statement to The Wall Street Journal. “This includes continuing to hire and redirecting some employees to fuel our strategic areas, and eliminating some positions that no longer map to our business priorities.” Around 1,000 of Salesforce’s 54,000 employees are affected, a person familiar with the plan said. Employees who were notified their job was being eliminated have 60 days to find a new role in the company, the person said.
August 26, 2020
Veritas Technologies
Santa Clara, CA
https://www.veritas.com/
Tech

Laid Off Employees:

74

Laid Off Percent:

Not Reported

Source: Mercury News
Veritas Technologies, in a tech company layoff, said it was cutting 74 jobs in Santa Clara between late August and Nov. 30. The cuts were expected to be permanent.
August 26, 2020
Gap
San Francisco, CA
https://www.gap.com/
Retail

Laid Off Employees:

79

Laid Off Percent:

Not Reported

Source: Mercury News
In San Francisco, Gap, which had previously disclosed plans to shut numerous retail stores amid a collapse in sales, a rent squeeze, and dispute with its landlord, had included its flagship store at Market Street and Powell Street in San Francisco in the closure plans. “Approximately 79 employees are affected,” Joanne Rafferty, Gap senior director human resources, wrote in the notice. The layoffs took place in early August.
August 26, 2020
Chartwells Higher Ed Dining Services
San Jose, CA
http://chartwellshighered.com/
Food Serivce

Laid Off Employees:

56

Laid Off Percent:

Not Reported

Source: Mercury News
A series of decisions by college sports associations to cancel live events with fans in attendance for a lengthy period of time prompted Chartwells to launch the layoffs of 56 workers at San Jose State University. Chartwells provides dining services. “While these actions are permanent, all terminated team members have been invited to apply for future employment as positions become available when business levels return following the pandemic,” Mrinalini Sen, human resources with Compass Group, owner of Chartwells, stated in the notice.
August 26, 2020
American Airlines
United States
https://www.aa.com/homePage.do
Travel,Airlines

Laid Off Employees:

19000

Laid Off Percent:

Not Reported

Source: CNBC
American Airlines will cut 19,000 employees in October when federal aid that protected those jobs expires and as the coronavirus pandemic continues to devastate travel demand, the carrier said Tuesday. The Fort Worth, Texas-based airline, which employed more than 140,000 people in March, is prohibited from laying off workers through Sept. 30 under the terms of a $25 billion federal aid package set aside for carriers to weather the worst of the crisis. But demand has only modestly recovered, presenting a dire scenario for airlines. American said its fourth-quarter capacity will be half of the year-ago level and that international long-haul flights will be just 25% of its 2019 schedule.
August 26, 2020
NetApp
United States
https://www.netapp.com/us
Tech,Information Technology and Serivces

Laid Off Employees:

700

Laid Off Percent:

5%

Source: The Register
The Register understands that an all-hands email landed today, August 25, detailing a 5.5 per cent cut to the company’s 11,000-ish-strong workforce. Employees were swiftly informed if their roles were deemed redundant, and that this would be their last day. Cuts seem to have been heaviest among marketing staff – including technical marketers – and engineers and developers acquired with all-flash array vendor SolidFire in 2015. Comments in public-but-anonymous forums suggest remaining staff see the cuts as something of an admission that the SolidFire acquisition has run its course.
August 25, 2020
Accenture
Global
https://www.accenture.com/
Tech,Information Technology and Serivces

Laid Off Employees:

25000

Laid Off Percent:

Not Reported

Source: CRN
Accenture is cutting as many as 25,000 jobs around the world as it seeks to pare down its nearly half-a-million strong workforce, according to a published report. The Australian Financial Review reported that a first round of cuts happened earlier this month and more are expected to follow. Layoffs are being made according to performance and are targeted at the bottom five percent of the company, the publication said, which cited sources in the firm’s Australian operations.
August 25, 2020
British Airways
United Kingdom
https://www.britishairways.com/
Airlines

Laid Off Employees:

10500

Laid Off Percent:

25%

Source: Marketplace
British Airways — which once dubbed itself the “world’s favorite airline” — is not popular with many of its own employees right now. In common with many other carriers around the world, BA has been hit hard by the pandemic and, faced with huge losses, has decided to lay off permanently more than a quarter of its 42,000-strong workforce and cut the pay of many remaining staff members. The company says it’s had to make difficult decisions to protect as many jobs as possible. But many of the affected workers, and their labor union, describe the move as a “betrayal.”
August 25, 2020
Australian Football League
Australia
https://www.afl.com.au/
Sports

Laid Off Employees:

Laid Off Percent:

20%

Source: Sports Pro Media
The Australian Football League (AFL) has become the latest high-profile sports property to announce sweeping job cuts in a bid to mitigate against the financial damage caused by the coronavirus pandemic. The preeminent Australian rules football competition announced on Monday that it intends to axe around 20 per cent of its national workforce, having temporarily laid off almost 80 per cent of staff and imposed executive pay cuts back in March.
August 24, 2020
Spaces
Burbank, CA
https://www.spaces.com/
Tech,VR

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Protocol
Spaces, a VR startup that got its start as a DreamWorks Animation project, has been acquired by Apple, Protocol has learned. Apple confirmed the acquisition after this story was first published. "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans," a company spokesperson told Protocol via email, using the company's usual boilerplate statement to confirm startup acquisitions.
August 24, 2020
Bleacher Report
San Francisco, CA
https://bleacherreport.com/
Media

Laid Off Employees:

10

Laid Off Percent:

Not Reported

Source: Awful Announcing
Awful Announcing has learned of a round of layoffs that took place Monday at Bleacher Report, aimed at winding down the company’s longform publication, B/R Mag. A Turner source confirmed the moves at B/R Mag. The layoffs are expected to impact at least 10 people. Bleacher Report editor-in-chief Ben Osborne was let go as part of these layoffs, as were senior writers Howard Beck and Jonathan Abrams, senior editor Jake Leonard, deputy managing editor Elliott Pohnl, staff writer David Gardner, and writers Leo Sepkowitz, Yaron Weitzman, Tyler Dunne, and Scott Miller. (Staff writer Mirin Fader, who was retained but will be moving to other B/R projects, discussed many of their contributions in a thread here.) We’ll update our article further as more names publicly disclose their status. The layoffs were carried out by B/R chief content officer Sam Toles.
August 24, 2020
Chicago Sun-Times
Chicago, IL
https://chicago.suntimes.com/
Media

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Robert Feder
They’re bracing for layoffs at the Sun-Times following an all-staff virtual meeting Friday with CEO Nykia Wright. An analysis of the company’s workforce will determine “a limited number of strategic staff reductions,” Wright said, although none will involve reporters, editors, visual journalists or other content curators and producers in the newsroom.
August 24, 2020
Bleacher Report
London, UK
https://bleacherreport.com/
Media

Laid Off Employees:

25

Laid Off Percent:

Not Reported

Source: Awful Announcing
Awful Announcing has learned that Bleacher Report is planning on enacting a significant round of layoffs in their London-based UK office later this month. The pending move will affect around 20 employees, which is almost the entirety of the UK office. A skeleton crew of around five employees will continue in their roles, but many of the affected employees will continue to work at Bleacher Report for a transitional period. The Bleacher Report London office was opened in 2013 and has operated the past handful of years with about 30 employees, all of which were manning the B/R Football brand (Bleacher Report’s soccer brand). While no layoffs have been formally announced, employees attended a mandatory meeting yesterday where drastic upcoming staffing changes were outlined. Those changes trace back to Turner exiting their UEFA rights deal earlier this summer. The news comes on the heels of Travis Rettke, GM, B/R Football, leaving the company a few weeks back.
August 20, 2020
Estée Lauder
Global
https://www.esteelauder.com/
Retail

Laid Off Employees:

1500

Laid Off Percent:

10%

Source: FOX Business
Estée Lauder is planning to lay off 1,500 to 2,000 employees and close 10 to 15 percent of its 1,500 freestanding stores globally, the makeup company announced Thursday.
August 20, 2020
StreamSets
San Francisco, CA
https://streamsets.com/
Data,Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Fast Company
"Like so many other businesses, ours was not untouched. The decision to lay off staff to survive the first wave of the pandemic was the most difficult of my tenure at StreamSets."
August 19, 2020
Mohegan Sun Pocono
Wilkes-Barre, PA
https://mohegansunpocono.com/
Consumer Discretionary

Laid Off Employees:

240

Laid Off Percent:

Not Reported

Source: Yogonet
Pennsylvania’s Mohegan Sun Pocono has informed 240 of its furloughed employees could possibly face layoffs. If employees are not called back to work before September 30, they will have to reduce their workforce, officials with the casino told FOX56.
August 19, 2020
Docly
London, UK
https://www.docly.com/
Tech,Healthcare

Laid Off Employees:

8

Laid Off Percent:

80%

Source: Sifted
Docly has now laid off eight of the 10 members of its UK team. The remaining team of two will focus on selling the platform to organisations that provide the healthcare themselves.
August 19, 2020
Mapify
Berlin, Germany
https://mapify.travel/
Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Layoff List Tip
"Yesterday we communicated the sad news that we will have to let several Mapify team members go. When we experienced the first wave of this crisis in April we hoped that the situation would improve in fall but unfortunately we have seen another wave of insecurity over the last few weeks with an unclear perspective on travel. All of these amazing individuals were chosen by us to become part of the Mapify team because of their talents, drive, openness to new learnings and character. As much as we were always proud to have them on the team, we know that every other company will be blessed to have them join. If someone from this group reaches out to you in the coming weeks, please consider their application. Feel free to reach out to me personally if you want to get a firsthand account of what they worked on at Mapify and how their commitment made a difference. We are making samples or their work and detailed references available to everyone requesting them. We are deeply thankful for the contributions that all of these individuals made at Mapify and we wish for them to find a new exciting challenge quickly. In the same way that they did for Mapify, we know they will contribute greatly to moving things forward and building a unique culture in their next position." - Patrick Heade, CEO at Mapify
August 18, 2020
RTI International
Triangle Park, NC
https://www.rti.org/
Research

Laid Off Employees:

50

Laid Off Percent:

Not Reported

Source: WRAL TechWire
The independent, nonprofit research institute, with headquarters in RTP, has notified the state of nearly 1,200 furloughs and another 50 layoffs. The news came via a notice received by the North Carolina Department of Commerce.
August 18, 2020
Lumina Network
San Jose, CA
https://www.luminanetworks.com/
Tech,Data

Laid Off Employees:

Laid Off Percent:

100%

Source: Layoff List Tip
Layoff List Insider Tip: Lumina Networks has begun an orderly shut-down of business.
August 18, 2020
GV
Mountain View, CA
https://www.gv.com/
Financial Services

Laid Off Employees:

7

Laid Off Percent:

8%

Source: Business Insider
Google investment arm GV (formerly Google Ventures) has quietly laid off seven employees, representing around 8% of its total workforce.
August 17, 2020
DJI Technology
Shenzhen, China
https://www.dji.com/
Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Reuters
Chinese drone giant SZ DJI Technology Co Ltd has been making sweeping cuts to its global sales and marketing teams as it faces coronavirus headwinds and mounting political pressure in key markets, current and former staff told Reuters.
August 17, 2020
Boeing
United States
https://www.boeing.com/
Aerospace

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: CNBC
Boeing will be offering a second voluntary layoff package to employees to depart the company, with pay and benefits, the planemaker said on Monday.
August 14, 2020
InVision
New York, NY
https://www.invisionapp.com/
Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

August 13, 2020
Cisco Systems
San Jose, CA
cisco.com
Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Fierce Telecom
Cisco, which has about 75,000 employees, didn't say how many employees would be laid off of going forward, but it has been laying off employees over the past few quarters as it transitions to generating more of its revenues from software rather than hardware.
August 12, 2020
VMware
Palo Alto, CA
https://www.vmware.com/
Software

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: CRN
VMware has confirmed to CRN that the company is laying off an undisclosed number of employees this month including Shawn Toldo, vice president of VMware’s Worldwide Partner Organization.
August 12, 2020
HopSkipDrive
Los Angeles, CA
https://www.hopskipdrive.com/
Transportation,Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: dot.la
HopSkipDrive, the ridesharing company for kids and one of Los Angeles most visible startups, laid off staff Tuesday as the pandemic ravaged growth plans.
August 11, 2020
WarnerMedia
New York, NY
https://www.warnermediagroup.com/
Media

Laid Off Employees:

600

Laid Off Percent:

Not Reported

Source: Deadline
The executive discussed the reductions of about 600 WarnerMedia staffers and many other topics during an online appearance Tuesday at the Oppenheimer Technology, Internet & Communications Conference.
August 11, 2020
Mozilla
Taipei, Taiwan
https://www.mozilla.org/en-US/
Tech

Laid Off Employees:

250

Laid Off Percent:

25%

Source: Layoff List Tip
Mozilla is laying off 250 people, about a quarter of its workforce, and plans to refocus some teams on projects designed to make money. The company will have roughly 750 employees going forward, a spokesperson confirmed.
August 11, 2020
Haynes International
Kokomo, IN
https://www.haynesintl.com/
Manufacturing

Laid Off Employees:

100

Laid Off Percent:

Not Reported

Source: Kokomo Perspective
Nearly 100 employees at Haynes International have been laid off involuntarily and “many more” have been laid off voluntarily in the last week. Haynes International, which produces high-performance alloys used mostly in the aerospace sector, has struggled with demand during the pandemic, resulting in a lack of business, according to Dave Tocco, president of United Steelworkers 2958.
August 11, 2020
Shopify
Ontario, Canada
https://www.shopify.com/
Tech,Retail

Laid Off Employees:

30

Laid Off Percent:

Not Reported

Source: BetaKit
Shopify has laid off internal operations staff as the Canadian tech giant shifts to a permanent remote work model, BetaKit has learned. Approximately 30 to 50 employees were laid off, according to multiple sources with knowledge of the company’s operations, who spoke to BetaKit on condition of anonymity.
August 10, 2020
InduyLa
San Francisco, CA
https://www.kqed.org/
Media

Laid Off Employees:

20

Laid Off Percent:

6%

Source: Company Announcement
KQED announced Monday it is laying off 20 staff members, representing 5.5% of its workforce, while a handful of other employees had their hours reduced. KQED's senior leadership blamed a sharp decline in corporate sponsorship due to the coronavirus pandemic.
August 8, 2020
Eatsy
Singapore
https://eatsyapp.co/
Tech,Food Serivce

Laid Off Employees:

20

Laid Off Percent:

100%

Source: The Business Times
EATSY, a Singapore-based restaurant ordering and payment startup, has fully ceased operations. Before it closed down in April, Eatsy had about 20 staff in Singapore and Indonesia.
August 7, 2020
The Appraisal Lane
Uruguay
www.theappraisallane.com/
Tech,Finance,Transportation

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Layoff List Tip
Layoff List Insider Tip: The Appraisal Lane has laid off its engineering team in Uruguay.
August 7, 2020
G/O Media
New York, NY
https://g-omedia.com/
Media

Laid Off Employees:

15

Laid Off Percent:

Not Reported

Source: Business Insider
G/O Media just laid off members of its video staff, according to an internal memo reviewed by Business Insider.
August 7, 2020
Glossier
New York, NY; Los Angeles, CA; London, UK
https://www.glossier.com/
Retail

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Company Announcement
Company Announcement: "Sadly, this means we are taking the step of laying off our incredible retail employees in New York, Los Angeles and London, who have been furloughed since the start of June. To say that these teammates have been an essential part of making our stores so special would be an understatement."
August 7, 2020
Appraisal Lane
Uruguay
www.theappraisallane.com/
Tech,Finance,Transportation

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Layoff List Tip
Layoff List Insider Tip: The Appraisal Lane has laid off its engineering team in Uruguay.
August 6, 2020
Thriver
Israel; United States
https://www.thriver.com/
Tech

Laid Off Employees:

75

Laid Off Percent:

50%

Source: BetaKit
Thriver co-founder and president Yishay Waxman told BetaKit the company saw a “dip” in revenues in the second quarter of the year, causing the startup to lay off 75 employees, or 50 percent of its 150-person workforce.
August 5, 2020
Remington Arms
Ilion, NY
https://www.remington.com/
Retail

Laid Off Employees:

717

Laid Off Percent:

Not Reported

Source: Observer Dispatch
A total of 717 workers at the Remington Arms plant in Ilion face layoffs by around late September as the company goes through bankruptcy proceedings, according to a layoff notice filed last week to the state Department of Labor.
August 5, 2020
Metropolitan Museum of Art
New York, NY
https://www.metmuseum.org/
Arts

Laid Off Employees:

79

Laid Off Percent:

Not Reported

Source: ArtNet
Citing a $150 million deficit, the struggling Metropolitan Museum of Art has laid off 79 employees and furloughed an additional 181 workers, with 93 staff members taking early retirement offers.
August 5, 2020
Vesta
Atlanta, GA
https://trustvesta.com/
Finance,Tech

Laid Off Employees:

56

Laid Off Percent:

Not Reported

Source: WARN notice
The Alpharetta-based SaaS fraud protection company has filed a WARN notice. According to the filing, the company will let go 56 employees effective Sept. 20. Vesta Corp. is headquartered in Portland, Oregon with flagship offices in Atlanta, Ireland, Singapore and Mexico City.
August 5, 2020
MSG Entertainment
New York, NY
https://www.msgentertainment.com/
Arts

Laid Off Employees:

350

Laid Off Percent:

Not Reported

Source: SI Live
MSG Entertainment, which canceled this year’s Radio City “Christmas Spectacular” due to the coronavirus (COVID-19) pandemic, also plans to lay off 350 people.
August 3, 2020
Fujitsu Network Communications
Sunnyvale, CA
https://www.fujitsu.com/us/products/network/
Tech

Laid Off Employees:

70

Laid Off Percent:

Not Reported

Source: Silicon Valley Business Journal
Fujitsu Network Communications Inc. is laying off 70 employees in Sunnyvale in the latest round of local tech layoffs.
August 2, 2020
Juul
Global
juul.com
Retail,Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Wall Street Journal
E-cigarette maker Juul Labs Inc. said it is planning another significant round of layoffs and considering halting sales across Europe and Asia. That could mean pulling out of as many as 11 countries and shrinking the startup’s footprint to its core markets of the U.S., Canada and the U.K.
July 30, 2020
Genentech
South San Francisco, CA
https://www.gene.com/
Biotechnology,Tech

Laid Off Employees:

474

Laid Off Percent:

Not Reported

Source: Fierce Biotech
Genentech is taking the ax to 474 staffers on the West Coast as it looks for a more local feel to its organization. In a WARN notice picked up by the San Francisco Chronicle, the company said most of the 474 employees set for the ax will be gone by Sept. 18, with all gone by October.
July 30, 2020
Walmart
United States
https://www.walmart.com/
Retail

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: IBT
Walmart announced it will lay off hundreds of workers as it looks to trim its store planning, logistics and real estate units.
July 30, 2020
Rakuten
United States
https://www.rakuten.com/
Retail

Laid Off Employees:

87

Laid Off Percent:

100%

Source: Layoff List Tip
The shutdown means that the U.S. headquarters will lay off its staff as well, meaning 87 people will lose their jobs, according a source familiar with the developments
July 30, 2020
Booking.com
Amsterdam, Netherlands
https://www.booking.com/
Tech,Travel

Laid Off Employees:

4375

Laid Off Percent:

25%

Source: Skift
Booking.com announced Tuesday it will be restructuring, and eliminating up to 25 percent of its global employee base, a number Skift estimated to be roughly 4,300 employees.
July 30, 2020
Dell
United States
https://www.dell.com
Tech

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: CRN
Dell Technologies confirmed Thursday that it’s laying off an unspecified number of employees in a move the tech behemoth said isn’t related to the COVID-19 pandemic.
July 29, 2020
Interpublic Group (IPG)
Worldwide
https://www.interpublic.com/
Media

Laid Off Employees:

Laid Off Percent:

1%

Source: AdAge
IPG said it exited 500,000 square feet of leased office space in 40 global locations and reduced its worldwide workforce by 1 percent.
July 29, 2020
Hallmark Cards
Kansas City, MO
https://www.hallmark.com/
Retail

Laid Off Employees:

120

Laid Off Percent:

Not Reported

Source: Kansas City Business Journal
As Hallmark Cards Inc. looks to reposition itself, the Kansas City-based company plans to lay off approximately 120 people.
July 29, 2020
Bon Appétit Food Management Co.
San Francisco, CA
https://www.bamco.com/
Retail,Food Serivce

Laid Off Employees:

2154

Laid Off Percent:

Not Reported

Source: NBC Bay Area
Hundreds of service workers at Oracle Park and Chase Center who have been furloughed since March were set to be laid off Wednesday, according to a food vendor for both venues. Bon Appétit Food Management Co. said it will lay off 2,154 employees who work at the stadiums.
July 29, 2020
Pared
San Francisco, CA
https://www.pared.com/
Tech,Hospitality

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: Layoff List Tip
Layoff List Insider Tip: Laid off the majority of the company effective Friday.
July 29, 2020
Alaska Airlines
Portland, OR
https://www.alaskaair.com/
Travel,Airlines

Laid Off Employees:

277

Laid Off Percent:

Not Reported

Source: WARN notice
This letter serves to notify you that approximately 277 employees with be separated from employment on October, 1, 2020 (represented employees) and October 2, 2020 (non-represented). We currently anticipate these separations to be permanent.
July 29, 2020
L Brands Inc.
Columbus, OH
https://www.lb.com/
Retail

Laid Off Employees:

850

Laid Off Percent:

15%

Source: Footwear News
The company, parent to Victoria’s Secret and Bath & Bodyworks, announced on Monday plans to cut annual costs by around $400 million, with about $175 million in savings to be reached this fiscal year. As part of the cutbacks, L Brands will lay off 15% of its head office staff, or about 850 associates.
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The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source.
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