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