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This is week 58 of our job loss report.
As we have continued to note with facts and figures, the three-year COVID War destroyed much of the world economy. Indeed, as we report in this week’s Trends Journal, now even the mainstream media is admitting that much of the great refugee crisis was sharply accelerated because of the damage done with the lockdowns that put people out of work and destroyed businesses.
Now with inflation still high above the magical made-up U.S. and EU 2 percent range and their central banks rapid rise of interest rates… it is much more difficult for companies to borrow money to stay in business, thus, the lay-off trend continues.
● Rolls-Royce – 2,500
● Ford – 700
● LinkedIn – 668
● Allstate Canada – sweeping layoffs reported
● LendingClub – 172
● Nestle – 90
● PNC Financial – 4 percent
● Citi – 2,000
● Qualcomm – 1,200
● Trowers and Mishcon – 25
● Flexport – 20 percent, 600
● Navistar Defense in West Point Miss. – 200
● University of Wisconsin Oshkosh – 216
● Crypto Firm Coinhouse – 15 percent
● Stack Overflow – over 100
● Bandcamp – 60
● LinkedIn – 660
● Flex-N-Gate in Effingham – All employees temporarily laid off due to strike
● Adda247 – 250 to 300
● American Family Insurance – confirms staff reductions
● Deepgram – 20
● WTVP Peoria – 9
● United Cargo facility in Denver – Layoffs, No #
● Stellantis – 700 layoffs at Kokomo Plant due to Strike
● REI – 250
● La Familia Medical Center – 17
● Netflix Animation – Job cuts coming
● NorthStar Medical Radioisotopes Wis. – 93
● Qualcomm Inc in Ca. – 1,258
● Brinco Manufacturing – 101 Temp. Layoffs
● St. Bernard Soap Company – 153
● Pemiscot Memorial Health Systems – 10
● UTA – layoffs reported
● Reata Pharmaceuticals – 113
● Boardriders – 84
● San Francisco State University – warns of possible 325 layoffs
● Google Contract Workers in NYC – 130
● Tech staffing firm Accenture – 350 in Austin
● Captiv8 marketing firm for Bud Light – 30
● Newport Island Harbor Resort – 136
● PNC Bank – 4 percent, 2,400
● EV maker Arrival – 25 percent
● Blue Origins – 40