Mar 15
Intellizence publishes monthly trends about major layoffs in companies every month. The following is the analysis of the Intellizence Layoff Data for the month of February 2021. The number of job losers and persons who completed temporary jobs in the United States stood at about 6.59 million. Though the job... read more →
Mar 10
Intellizence has curated a list of the latest major layoffs. We monitor various sources like news, regulatory filings like WARN filings for the latest layoff announcements - normalize, de-duplicate, and deliver the layoff data through various channels – API, Web dashboard. Heineken N.V No. of employees Laid Off: 8,000 Industry: Brewery... read more →
Jan 27
Intellizence has highlighted layoff trends for the month of December 2020. The following insights are based on the analysis of Intellizence layoff dataset. Key Takeaways: Over 300 US companies announced layoffs. Layoffs were primarily concentrated in the industries that were most impacted by COVID-19 – tourism & hospitality, manufacturing, restaurant... read more →
Nov 06
The U.S. economy gained 638,000 jobs in the month of October. The unemployment rate that was7.9 percent in September, declined by1.0 percentage point to 6.9 percent, according to the U.S. Bureau of Labor Statistics. The areas that saw notable job gains were in hospitality, retail trade, professional and business services,... read more →
Oct 30
Pizza Express will cut 1,300 more jobs across its 370 UK restaurants after sales dipped amid the second wave of the coronavirus pandemic and restrictions. This comes on top of 1,100 layoffs in August when Pizza Express agreed to close 73 branches as part of a restructuring deal. Zoe Bowley,... read more →
Oct 27
In a major restructuring to streamline and reshape their branch network, Charles Schwab Corp, the American multinational financial services company, is laying off about 1,000 positions or about 3% of the combined workforce of Charles Schwab and TD Ameritrade. Employees who will be losing their jobs will be given early... read more →
Oct 21
The Cathay Pacific Group has announced a corporate restructuring in response to the continued impact of the COVID-19 pandemic on the aviation market. The restructuring will enable the Company to protect as many jobs as possible while securing its future. By restructuring, the company has reduced approximately 8,500 positions across... read more →
Oct 19
Intellizence tracks the latest layoff, downsizing, employee termination, furlough announcements from multiple news and regulatory filings. Following is the highlight of a few major layoffs of the week ending October 19th, 2020 Major layoffs announced during the week were: Alberta Health Services to lay off up to 11,000 staff. Those... read more →
Oct 06
Cineworld, the world’s second-biggest cinema chain, will close its U.K. and U.S. movie theaters, till further notice, putting over 45000 jobs at risk. The cinema chain has been affected by the coronavirus-related slump in film releases and cinema-going. With studios not releasing big budget movies such as the new James... read more →
Oct 05
According to the U.S. Bureau of Labor Statistics, the employment rate rose by 661,000 in September, less than half the amount gained in August. The unemployment rate declined by 0.5 percentage points to 7.9 percentage points down from 8.4 percent, only slightly less than in August. The number of unemployed persons... read more →