This is our 26th week reporting the long trend-line of layoffs that signal a further economic downturn in a country near you. Inflation and interest rate hikes are causing companies in many sectors to lay off employees. 

The hundreds of thousands of layoffs in the tech sector are also contributing to a softening of corporate travel demand. The implications will be felt across the hospitality sector, the businesses that rely on business travel and commuters. And of course, the more people fired, the more home foreclosures, inability to pay car loans, credit card debt etc.

● PagerDuty will cut 7 percent amounting to dozens of employees

● Luno axed 35 percent of staff or over 300 

● Texas Workforce Commission reports that State Farm and Service Experts will fire a combined 201 workers 

● Victoryland Casino in Alabama reportedly is laying off 100s of workers

● Asda risks job cuts and lower pay for 4,000 night workers

● Prosus to cut 30 percent of corporate staff

● Hudson’s Bay cut 2 percent of workforce

● SAP cut 3,000 jobs

● Rogers will cut at least 4,000 jobs if buyout is approved 

● Kohl’s cut 60 positions

● PayPal axing 2,000 employees or some 7 percent of its workforce

● Hasbro cut 1,000 staff

● Dow to slash 2,000 jobs

● Gallo will lay off 355 in California

● Dotdash Meredith is cutting 7 percent

● Best Buy will lay off 700

● Almost all of the 600 employees at Lightyear will lose their jobs

● Iron Ox cuts 50

● 80 Acres Farms cut 10 percent affecting 24 workers

● Noom confirmed a third round of cuts

● Flagstar Bank laid off hundreds in its mortgage division

● TikTok began cutting their global recruitment team

● Vacasa shrunk 17 percent shedding 1,300 jobs

● Briggs & Stratton cut 160 employees in Wisconsin

● Philips cut over 6,000 jobs worldwide after recall

● Synopsys cuts more than 100 Bay Area jobs

● IBM cut 3,900 staff

● McCormick & Co. will cut jobs in annual restructuring

● Shutterfly to cut 360 jobs 

● Goodyear axed 500 staff

● Dealshare lays off 100 

● Canfor restructuring affected nearly 500 mill workers 

● Arrival cut 800 staff

● Pictsweet cut 77 employees

● Chrono24 cuts cut 13 percent as Rolex prices plunged

● Intel more than doubles California layoffs to 544

● Impossible Foods plans to cut 20 percent 

● Lam Research will lay off 1,300 staff

● Postmedia cuts more than 75 jobs

● Gymshark cuts 65 jobs

● ITM Power PLC is targeting a 30 percent reduction

● Glovo will lay off 250 employees

● Workday is eliminating 3 percent or over 500 staff

● Tesco to cut store management and axe counters, 2,000 jobs at risk

● BM Technologies to cut staff 25 percent

● HarperCollins to lay off 5 percent of North American staff

● Groupon cut 500 workers 

● Net App cut 8 percent of global workforce amounting to 960 jobs

● Upstart Holdings Inc. lost 365 staff

● Inovio cut 24

● Quince Therapeutics cut 15

● Prime rust lost 33 percent of staff 

● Amgen Drugmaker cut 300 US employees

● OLX cut 15 percent of workforce

● ABM Industries Milwaukee’s airport cut 24 janitorial staff

● Plus One Robotics cut 10 percent

● Albany’s Molson Coors Plant in Georgia cut 45 

● Celularity warned of future cuts

● Matrixport cut 30

● Confluent Inc. lost 220 staff

● Abzena cut 66 workers

● Tier Mobility and Spin lost 100 employees

● Greenbrier cut 101 staff

● Ford slashed 3,200 jobs in Europe

● Clear Capital cut 250 staff

● Bolt lost 50

● Halo developer to fire nearly 100 staff 

● Prosus shrunk 30 percent

● Lockheed Martin Rotary/Mission System cut 800 jobs

● Delphi Behavioral Health Group cut 100

● Bally Corp. shrunk 15 percent

● Washington Post cut 20 newsroom employees

● Innovaccer cut 245 employees

● Tufts Medicine lost 70 staff and closed 170 open positions

● PagerDuty cut 7 percent