3,715 job cuts in California today per latest state regulator (CA EDD) update
Tesla separations begin 6/14
Walmart is shutting down its Walmart Health operations, resulting in about 1,500 job cuts
Getir is shutting down in the United States - it is leaving FreshDirect operating - but around 2,800 jobs will be cut outside of the FreshDirect organization.
WeWork has announced that it is closing its corporate headquarters
Meta is reportedly gearing up for more layoffs as job cuts continue with fervor in the tech space
Google is undergoing another round of “large scale” layoffs that may affect thousands of employees in finance, business operations, and more. They will also be offshoring roles in India, Mexico, and Ireland“. In a major development, according to reports emerging online, Google has allegedly fired its entire to Python team. Python is a highly sophisticated, general-purpose programming language.”
Fisker is laying off hundreds of its remaining employees to preserve capital amid a looming bankruptcy
Dallas Fed survey respondent: "We have not been this slow since the Great Recession. This includes Covid. We cannot understate how terrible the prospective real estate market is. People are not filing zoning cases, meaning in two years there will not be construction."
