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First-half cuts among healthcare companies including hospitals are up 97 percent year over year. The volume of cuts have already surpassed last year’s totals. Many of these cuts are only affecting administration.
Workers’ strikes, continuing high inflation and high-interest rates 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. This is week 51 of our job cut report.
● Ernst & Young – 3,000
● HanesBrands – 250
● Tyson Goods – 3,000
● Persimmon – 300
● Acadia Healthcare – 288
● Adena Health System – 69
● Allegheny – 141
● Altru Health System – 34
● Billings Clinic – 24
● Boone Health – 62
● Cambridge Health Alliance – 70
● West Virginia University – 7 percent
● Blend Labs – 150
● Selfridges – cuts reported
● Shutterfly – 246
● NCC – cuts reported
● Emergent – 400
● Biogen – 1,000
● Roche – 165
● Merck – 133
● Thermo Fisher Scientific – 230
● Grifols – 2,300
● MPL – 50 percent, 350
● CVS – 5,000
● Dell – cuts reported
● CoreCivic – 274
● Schnader Harrison – 83
● IBM – 8,000 Jobs to be replaced by AI
● Thermo Fisher Scientific Inc. – 200
● BioXcel Therapeutics – 110
● SecureWorks – 300
● Boston law firm Choate Hall & Stewart – 5 percent
● CoinDesk – 20
● IQiyi’s VR Unit – cuts reported
● Gainesville FL City Budget – 83
● Fields Foods St Louis Grocer – cuts reported
● Atreca – 40 percent
● MonoSol in La Porte Indiana – 45
● MedExpress Urgent Care – cuts reported
● Bristol Myers Squibb – 100
● Neiman Marcus – 90
● Cano Health – 700
● Creative Artists Agency – 60
● Klaussner Furniture in Asheboro – 900
● The Chan Zuckerberg Initiative – 48
● MacroGenics – 15 percent
● Salarius Pharmaceuticals – 50 percent
● The University of Arkansas for Medical Sciences – 51
● Zurn Elkay in Franklin Park – 100
● Thoughtworks – 600 to 700
● SHINE Technologies – 59
● 23andMe – 71
● Radio trade publication All Access – 20
● Rapid7 – 470
● Caliva The Parent Co. – 54
● Memorial Hospital – 20 percent
● Emergent BioSolutions in Baltimore – 400