As reported by MacroEdge since July 16 John Deere has begun...

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    As reported by MacroEdge since July 16

    John Deere has begun layoffs of salaried employees today Merck reportedly laid off employees, Intel is reportedly reducing headcount in the months to come

    Furniture Retailer Conn’s Plans Mass Store Closings Ahead of Possible Bankruptcy, 100+ Locations Closing ~1,500 employees impacted

    California-based Vintage Wine Estates has filed for bankruptcy and plans to delist its common stock They employ about 568 individuals

    Blackstone Mortgage REIT is cutting its dividend as distress rate increases

    W.S. Badcock LLC (Badcock Home Furniture) and affiliates have filed bankruptcy in the Southern District of Texas

    Rite Aid is closing 50 more stores in Ohio and Michigan, resulting in about 1,500 job cuts

    Developing Solutions, Inc. (DSI), a software and technology company in the state of Texas, has filed for bankruptcy

    TD Bank has decided to close seven Massachusetts locations on Sept. 20

    Optum laid off hundreds of employees in California

    Big Lots’ to undergo a 10% reduction in store count - closures will result in about 3,200 job cuts

    MOD Pizza is conducting corporate layoffs today after being acquired by Elite Restaurant Group

    Goodyear is expected to cut around 1,200 jobs later this summer and relocate jobs from Ohio to Costa Rica

    Menzies Aviation, an air freight company, will eliminate approximately 450 positions at Miami International Airport

    SunPower Corp. plunged to an all-time low after the solar company told dealers it would no longer support new installations and was halting shipments.

    Tender Greens and parent company One Table Restaurant Brands file for bankruptcy

    Mercury Marine schedules layoffs for 1,700 workers amid large sales slump

    Keurig/Green Mountain Coffee to lay off around 400 employees

    Amdocs is laying off 1,500 to 3,000 employees in latest round of job cuts

    Penn Entertainment will lay off hundreds of employees

    Cargill to lay off hundreds of technology employees

    Warner Bros. Discovery is making more job cuts this week as part of another round of cost-cutting measures.

    StubHub will layoff around 400 employees in Utah

    John Deere is reportedly warning staff of widespread salaried employee layoffs from July 24-26th, after axing manufacturing employees

    Truist Financial Corp. is gearing up for a series of job reductions within its technology department

    Spotify is cutting members of its sales team in another round of layoffs as it merges two divisions

    SolarEdge to eliminate around 10% of its global workforce as green energy hype dies without low rates

    Salesforce is cutting hundreds of jobs in latest wave of CRM giant’s austerity
 
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