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. John Ourand of Sports Business Journal has more on these cuts: 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.

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. Join over 7,000 readers to get the scoop on layoffs. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic. The buyouts will be offered to employees who are eligible for retirement.

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. Nationally, job growth has slowed for three straight months, leaving the economy still 10.7 million jobs short of its pre-pandemic level. 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. Boeing will be offering a second voluntary layoff package to employees to depart the company, with pay and benefits, the planemaker said on Monday. HumanForest hopes to launch a new e-bike in spring 2021, and has suspended its London operations in the meantime. The latest evidence? Of those workers, 296 will be permanently separated Monday.

As we continue to scale, we recognize the need to streamline operations and reallocate resources to better serve our customers and our continued long term growth. Refusing to take out a PPP loan because “it felt wrong,” the New York-based company laid off 16% of its employees and moved out of its office to minimize spending.

The move was felt across nearly every department at the Orlando-based chain but especially at SeaWorld's Orlando parks.

Though the Remington move is largely unrelated to the virus, it demonstrates the widespread economic upheaval New York has suffered in 2020 after years of unparalleled growth in the metro region and portions of upstate.

A large number of tech workers have been laid off in 2020 due in large part to the impact of the COVID-19 coronavirus pandemic, with layoffs and furloughs happening both in the vendor and the channel communities.

Because the future isn’t where you expected. 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.

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. University of Delaware - 122.

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. 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.

October 30 , 2020.

Raytheon, the parent company of Pratt & Whitney, announced its plans for layoffs is deepening. Around 1,000 of Salesforce’s 54,000 employees are affected, a person familiar with the plan said. 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. The list is staggering: 2,220 … Diversification has helped: unlike other lidar startups, Ouster sells its sensors to defense, agriculture, and mining companies, in addition to automakers.

Below is a recap of the layoffs from this past week. 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. A spokesperson for the company would not say how many people were affected.

Delivered 3 times per week. ", More: New York's post-COVID job losses outpace all but one other state. Though New York's total private sector employment rolls increased by 800,000 from the 6.46 million low point in April, September's figure still stands 1 million jobs below the figure recorded in the same months last year. The layoffs come five months after the COVID-19 pandemic shuttered the Las Vegas Strip and resorts across the U.S., bringing the tourism economy to a halt and putting a majority of the … 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.

Fox News' parent company Fox Corp. employees about 9,000 people, and has been reorganizing its businesses by division. Well, that was fast.
Kohl’s previously eliminated around 250 positions in February as part of a pre-pandemic corporate restructuring. 5% of employees at Google-owned Waze, a navigation app, were laid off as a result of stay-at-home orders across the globe.

Below is a recap of tech layoff news from recent weeks.

At Sifted, we’ve started a project to track the European startups we know have staff on furlough (or are making staff redundant). A subsidiary of Exela Technologies Inc. plans to lay off 81 employees in Austin. 10/07/2020 10/07/2020 Layoff list Alto Pharmacy, Health, San Francisco San Francisco, CA ∙ 47 employees (6%) ∙ Multiple departments .

“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. The layoffs are expected to begin Nov. 1 and the positions will be permanent, according to the letter.

Hipcamp, an Airbnb for camping stays, laid off around 60% of its employees back in April, TechCrunch reported today. 10/23/2020 10/23/2020 Layoff list CodeCombat, Education, San Francisco San Francisco, CA ∙ 8 employees ∙ Sales . Affected workers were given 60 days to find another role in the firm.

Mozilla is laying off 250 people, about a quarter of its workforce, and plans to refocus some teams on projects designed to make money.

Now, they’ve laid off dozens of staffers.


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