Recent Largest Retail & E-Commerce Layoffs – 2024
Headquarters: San Francisco, California, United States
Number of People: 250 (7% of Workforce)
Grocery-delivery company Instacart is laying off around 250 employees, or roughly 7% of its global workforce, as part of a restructuring. Instacart CEO Fidji Simo announced the layoffs alongside the release of its fourth-quarter earnings.
Headquarters: Duluth, Minnesota, United States
Number of People: 10% of Workforce
Apparel retailer Maurices is cutting roughly 10% of its corporate staff, including at its headquarters in Duluth.
Headquarters: Tel Aviv, Tel Aviv, Israel
Number of People: 15% of Workforce
Trigo, an Israel-based computer vision company developing infrastructure for autonomous retail stores and analytics, is laying off 30 employees, accounting for 15% of its workforce.
Company: EG America
Headquarters: Westborough, Massachusetts, United States
Number of People: 90
EG America laid off 90 employees as “part of a broader effort to control costs and remain competitive in an evolving retail landscape.”
Company: Rent the Runway
Headquarters: New York City, New York, United States
Number of People: 37
Rent the Runway Inc. is laying off about 10 percent of its corporate workforce — impacting 37 positions — as it looks to invest in areas that “reignite the growth funnel.”
How can you benefit from Retail & e-Commerce Layoff Data?
Investment & Trading:
Make informed decisions about buying, selling, or avoiding retail stocks based on the implications of job cuts for such companies’ profitability and market position.
Layoffs typically result in changes in decision-making and budgets. Power your revenue forecasting models with the latest layoff data about your retail & e-commerce customers and prospects to predict revenue from them.
Identify Churn Risks:
Layoffs in the retail & e-commerce sector are signals for downgrades and decreased usage and consumption of products and services. Identify customers’ churn signals proactively.
Market Research & Intelligence:
Use the latest layoff data in retail & e-commerce companies to identify employment trends in the sector for market research and market intelligence activities.
Hire highly skilled talent from retail & e-commerce companies that announced layoffs. This targeted approach can be especially effective for companies with unique hiring needs.
Why Subscribe to Intellizence Retail & E-Commerce Layoff Dataset?
The Intellizence company intelligence platform is powered by cutting-edge Natural Language Processing and Machine Learning technologies that curate layoff data from multiple external sources. Every record is human-audited for data integrity.
Delivered in Near Real-time:
Intellizence monitors thousands of sources in real-time for any latest layoff announcements from various unstructured external sources and delivers layoff data in a structured format.
Intellizence curates the data from news, press wires, and WARN notices to ensure comprehensive coverage. The intellizence layoff dataset covers data from retail & e-commerce and all other emerging and established industries.
Multiple Delivery Channels:
The layoff news is delivered through multiple channels – Web Platform, Email Alerts, Slack, CRM, and ChatGPT Plugin. We offer API to power your applications and models with real-time layoff news and data.
One-Stop Data Provider for Company Signals:
In addition to Layoff News & Data, Intellizence offers curated news on 80+ company signals and structured datasets – Startup Funding, Mergers & Acquisitions, Business Expansion, Major Hiring, CXO Appointments & Changes, and Data & Security Breaches.
More about Intellizence Layoffs Dataset
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