This is week 30 of our reporting the long trend-line of layoffs that signal a further economic downturn in a country near you. Rising inflation and rising interest rate hikes are causing companies in many sectors to lay off employees. 

And of course, the more people fired, the more home foreclosures, inability to pay car loans, credit card debt, etc. The layoff trend is global. For example, job cuts in the U.K.’s retail sector near 15,000 so far this year as consumers run out of spending money and inflation stays high. Simply, it is costing people more money to buy less products and services. 

● Stellantis to cut 2,000 workers in Italy

● Sanibury closes two depots affecting 1,400 jobs

● Axel announced cuts at its Bild and Welt brands

● Palantir shrunk its staff by 2 percent affecting over 70 workers

● Ericsson will layoff 8,500 employees globally

● Dapper Labs will cut another 20 percent

● BASF will cut 2,600 jobs as energy crisis hits German industry

● Poshmark lays off employees after Naver acquisition

● Wells Fargo laid off 500 of their mortgage bankers

● Velodyne Lidar cuts 220 jobs

● Intel laid off another 112

● Upstart Network cut 102

● Udemy lost 74 employees

● Medallia fired 59 

● Lucira Health cut 26 jobs

● Gousto slashed an unknown number after falling valuation

● NPR is cutting jobs by 10 percent

● Outreach cut 70 staff

● Cerebral shrunk 15 percent

● Mattel Inc. lost 93 employees

● Woodward Inc. laid off an unknown amount

● Bending Spoons cut 129 staff

● Twitter cut 200 employees

● American Car Center lost 288 workers

● EVgo cut 40 staff

● Eat Just Inc. lost 18 percent or 40 staff

● Stax lost 24 

● Homebuilder Toll Brothers cut an unknown number

● E.W. Scripps Co. will cut 300 in the next year

● EQRx Inc. lost 66

● MassMutial shed 1 percent affecting 50

● Gannet cut 20 percent of its journalism jobs

● Cybin saw a 15 percent reduction

● Transamerica Life Insurance cut 42 employees

● CEVA Logistics cut 142

● Kroenke Sports & Entertainment announced cuts

● Jounce Therapeutics will shrink 57 percent

● Camp K12 cut up to 300

● StromDM lost 40 staff

● Messari cut 15 percent globally

● Aileron Therapeutics Inc. cut 6 staff

● St. Mark’s Medical Center cut 64 workers

● Meta is prepping for another round of cuts

● McKinsey & Co. plans to cut 2,000

● TaskUS lost 186 workers

● Pfizer cut 100 staff

● ImmutableX shrunk 11 percent

● Google cut 240 staff in Ireland

● Conti cut 45 call center employees

● Merative lost 150 staff

● Saint Leo University lost 80 staff

● Criteo cut an undisclosed amount

● PeerStreet lost 43 staff

● Civic Financial Services LLC cut 200 staff