4 ms·
The Layoff List
I was browsing the layoff news this morning. In summary, it looks like the following sectors are getting hit: tech, energy, schools (local & universities), retail.
Here is a half-ass aggregation of some of the stories, if the name follows with -x% it means I couldn't easily find the actual number:
Autodesk -925
BlackBerry -200
Practice Fusion -25%
Chicago Public Schools -227
VMware -15%
GoPro -7%
Mixpanel -20
Microsoft -18,000
Cisco Systems -14,000
Juniper Networks -1,300
Oracle -26,000
IBM -95,000
HP -86,000
Hewlett Packard Enterprise -72,000
EMC Corp -15%
Chevron-x%
BP-x%
Volvo-x%
Alcoa-x%
Sprint -800
Shell -10,000
Twitter-x%
Nasty Gal -10%
Yale University Tech Dept. -24
Wells Fargo -581
Genworth Financial -200
Eastern Illinois University -200
Illinois State University -x%
Delta Airlines -100
Credit Suisse -4,000
Yahoo -15%
Random Oil Companies -x%
Random Coal Mines -x%
Newport News Shipbuilding -700+
Sandridge Energy -172
Brach's Supermarket -127
Regions Bank -260
Polaris -100
Carrier Corp -62
Caterpillar -120
Sam's Club -120
good summary article on tech layoffs:
http://www.benzinga.com/analyst-ratings/analyst-color/16/01/6149651/chowdhry-major-tech-layoffs-are-coming-feds-dudley-is-cl
- YeGoblynQueenne 11y agoIt would be nice to see a list of sources you used.
- greenyoda 11y agoIt would also be nice to compare these numbers with historical data: are they higher, lower or the same as layoff numbers in previous years (across the economy and by business sector)? Companies lay off people all the time, and some companies can be having financial difficulties even when the economy is doing well. Layoffs at Yahoo probably occurred for completely different reasons (e.g., not being able to compete against Google and Facebook for ad dollars) than the ones at Chevron (probably due to the declining price of oil). The fact that some number of companies laid off some number of people this year doesn't imply anything interesting unless it's placed in context.
- meric 11y agoLooks like a good half a million people.