This is week 21 of our report on job losses, and with each passing week, the weekly losses grow larger. Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses.

Several hospitals and health systems are cutting their workforce due to financial pressures as well as Covid restrictions and supply chain bottlenecks leaving hospitals questioning when they can return to full capacity.  Southern Illinois Healthcare, Munson Health, West Reading, Memorial Sloan Kettering Cancer Center, Cape Fear Valley Health, Sanford Health, Ascension, Blessing Health System, St. Vincent Charity Medical Center, Commonwealth Health, and Heart Hospital are among some of the many hospitals cutting staff.

● Stellantis will indefinitely shut down its Illinois plant putting 1,200 employees out of work

● Playtika will shrink by 15 percent affecting over 600 workers

● Berenberg announces another round of layoffs in the U.S., bringing the investment bank’s  total U.S. job cuts to over 50 percent

● Purplebricks announced job cuts and ups cost savings target

● Ye Olde Colonial Village announced layoffs

● Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs

● Airtable has announced 254 layoffs, affecting 20 percent of its workforce

● Nerdy Inc. announced headcount reductions of up to 17 percent

● Blue Apron Holdings Inc. will shrink 10 percent of its corporate staff

● Ahold is slashing 300 jobs at Bol.com

● Reverse Mortgage cut 119 jobs

● Outschool saw a reduction of 43 staff

● Freshly Phoenix Warehouse lost 329 staff

● Hyperloop One cut 19

● West Monroe lost 180 employees

● Autobooks Inc. cut 40 jobs

● IGN cut 10

● Pretium will layoff 61

● TherapeuticsMD lost 212 employees

● Hayward Industries fired 57 workers

● Age of Learning Inc. lost 120 

● Doma cut 515 staff

● Salesforce is bracing for layoffs

● Relativity cut 150 jobs

● Zuora Inc. lost 187 staff members

● Adobe Inc. fired 100 people in its sales department

● Ball Corp. cut 98 at Minnesota plant

● Plaid lost 260 

● CircleCi shrunk by 17 percent

● Morgan Stanley cut 1,600 jobs

● Weedmaps will cut up to 25 percent

● NBC reports small number of layoffs

● Wireless Advocate laid off over 1,800 employees

● Catawba County Community College is citing 27 layoffs due to low enrollment

● Citigroup is planning 60 cuts across the EMEA region

● Nottingham City Council plans to cut 110 jobs and raise taxes

● Cisco has begun its 5 percent reduction of more than 4,000 employees

● Motive lost 237 workers

● Pluralsight shrunk 20 percent or 400

● Balto cut 35 

● AvePoint laid off 65 staff

● Chimerix cut 21 jobs

● UpEquity lost 10 to 15 staff

Skip to content