Layoff Insights & Tracking from Public Records Daily-updated database, charts & insights here: https://xitter.cf/t.co/BHEvgmTIMY Get the data: https://xitter.cf/t.co/ezP3sCVFDM

Joined March 2023
✨ Feature announcement✨: Our charts feature is now interactive - drag on the time series to zoom in on any time between 1988-present and see how layoffs trends are changing. Plus, buttons for "View last 12 months" and "Zoom out" so you can quickly view the last year's trends
3
1
13
6,457
Unfortunately X's upload is not allowing gifs for some reason right now :(
8
4,791
Some of the things I look at in assessing whether there are lots of layoffs happening are: - JOLTS bls.gov/jlt/ - UI claims dol.gov/ui/data.pdf - WARN notices (@WARNTracker)
1
6
85
12,743
White-collar labor market recession started in 11/22 when @amazon cut 10k in IT & at HQ WA firm just announced more layoffs Per @WARNTracker WA had highest per capita cuts in '23, a year that saw 10-yr high in layoffs At some point @profplum99 warns, passive flows will reverse
I'm sorry, let me fix that statement. @hussmanjp is NOT wrong, fundamentals DO matter...just not right now, while Passive dominates with its indiscriminate (forced to ignore fundamentals) buying. However..."one day", fundamentals WILL matter. And that's when IT gets real!
5
16
68
30,400
At least 320,000 employees were laid off in 2023 in the US, according to public government data records, up 68% from 2022, when 190,000 employee layoffs were reported.
3
8
3
19
3,372
Notable layoff notices posted in the last week: 💊 Pfizer — laying off 69 employees in Illinois 1 WARN Layoff Notice was filed on 2023-07-25. 👉 See warntracker.com/company/pfiz… for charts, maps, & detailed history of Pfizer layoffs
1
1
5
2,709
@Layoffsfyi counts the entire 10,000 in the site's sum from 2022. The closest thing you can get to US-only tech layoff data is to look at WARN data (gov-mandated layoff reporting). I run @WARNTracker , an aggregator website for these US-mandated layoff reports
1
2
1,984
.@nytimes interesting piece nytimes.com/2023/07/25/busin… but 1 nit: "large technology companies have laid off more than 386,000 workers nationwide since early 2022" Pretty sure "nationwide" is incorrect. @Layoffsfyi aggregates layoff data happening in the US AND internationally.
1
1
3
1,814
Notable layoff notices posted in the last 2 weeks: 🏢 David's Bridal — laying off 441 employees in Texas on 2023-07-17. 13 WARN Layoff Notices were filed on 2023-07-01.
1
1
2
1,618
Notable layoff notices posted in the last week: Microsoft, Sodexo, JP Morgan Chase, Christmas Tree Shops. Details: 🏢 Microsoft — laying off 278 employees in California & Washington on 2023-08-04 & 2023-09-08. 2 WARN Layoff Notices were filed on 2023-03-23 & 2023-03-28...
1
1
1,453
Notable layoff notices posted in the last 2 weeks: 🏢 @Meta will be laying off 589 employees in California on 2023-07-28. 7 WARN Layoff Notices were filed on 2023-05-29. 👉 See warntracker.com/company/meta… for charts, maps, & detailed history of Meta/Facebook layoffs
1
1,084