Its Over, page-22379

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    ...as reported by MacroEdge over the past week

    One of the largest residential solar installers in the nation, Titan Solar, has abruptly shut down and filed for bankruptcy in the latest blow to a troubled industry.  This will impact around 2,100 employees.
    https://x.com/MacroEdgeRes/status/1803236999496683983

    Rite Aid will close an additional 27 stores in Ohio and Michigan, along with several distribution centers~1,000 employees impacted

    Memphis Shelby County Public Schools is cutting 1,100 jobs

    Apple is suspending work on its next Vision Pro Headset They can keep focusing work on buybacks instead

    Chegg is eliminating around a quarter of its workforce, or 500 employees


    Walmart to eliminate hundreds of jobs in Georgia as it closes stores in the state

    Ford plans to cut up to 1,600 jobs in Europe

    Pfizer is expected to lay off hundreds of employees in Sanford

    Stellantis is gearing up for $200 million in severance related costs in the 2H of 2024, which means more job cuts on the horizon

    On Semiconductor is laying off 1,000 employees in Arizona and Oregon as apart of a new cost cutting drive

    Mercury Marine is laying off nearly 300 workers in Fond du Lac, and making workforce “adjustments” at other facilities, citing slower sales.

    Oracle is laying off around 700 employees and is shutting down Oracle Advertising

    Another round of layoffs is happening at Rivian as part of the electric vehicle-maker’s efforts to cut costs, primarily impact manufacturing The great EV flop continues…

    CVS corporate is reportedly preparing for more substantial job cuts

    Meta is reportedly eliminating a significant number of its Vice President positions company wide

    FedEx to eliminate another 2,000 employees globally

    Best Buy is laying off more employees as it reckons with falling sales

    Coach USA, a Megabus Operator, has filed for bankruptcy and is looking to sell off its assets

    Crown Castle Intl is reportedly undergoing mass layoffs today
 
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