Retail & E-Commerce

Latest Retail & E-Commerce Layoffs News & Data

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Recent Largest Retail & E-Commerce Layoffs – 2024

February 2024

Company: Instacart

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.

February 2024

Company: Maurices

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.

January 2024

Company: Trigo

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.

January 2024

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.”

January 2024

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.     

Revenue Forecasting:

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.

Hiring/ Recruitment:

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?

AI-Powered Platform:

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.

Comprehensive Coverage:

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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