Intellizence has highlighted layoff trends for the month of December 2020. The following insights are based on the analysis of Intellizence layoff dataset.
- Over 300 US companies announced layoffs.
- Layoffs were primarily concentrated in the industries that were most impacted by COVID-19 – tourism & hospitality, manufacturing, restaurant & food services, retail, and aviation sectors.
- The largest layoffs across the world were – Debenhams (12000), Viatris (9000), Southwest (6828), Dentsu (6000), Satander (3572).
|Dentsu||Advertising & Communication||6,000|
|Allied Irish Bank (AIB)||Banking||1,500|
|King's Seafood Co||Sea Food Chain||1,400|
|Pret a Manger||Restaurant & Food||875|
|Akwesasne Mohawk Casino||Restaurant & Food||701|
Source: Intellizence Layoff Dataset