Layoffs 2023

Corporate layoffs, hiring freezes and cost-cutting initiatives continue to make news.

All of this comes as fears of a potential recession grow. Rising inflation is hitting the market hard, as are the Fed’s interest rate increases to combat it. This has many companies slashing jobs.

We’ll track all of the latest layoff news here, as well as how these actions affect the stock market. Including:
Are Layoffs Good or Bad for Stocks?
7 Tech Stocks Feeling the Heat Hit From Layoffs

BBBY Stock: Bed Bath & Beyond Layoffs Lead to 1,000 More Job Cuts

By Chris MacDonald, InvestorPlace Contributor
Here's why investors in Bed Bath & Beyond and BBBY stock are in buying mode today, as the macro picture remains quite grim.

Walmart Layoffs 2023: What to Know About the Latest WMT Job Cuts

By Chris MacDonald, InvestorPlace Contributor
News of Walmart layoffs are resulting in an uptick in WMT stock today, as investors rethink this retail stock's potential upside.

Accenture Layoffs 2023: What to Know About the Latest ACN Job Cuts

By William White, InvestorPlace Writer
Accenture (ACN) layoffs are a hot topic among traders on Thursday after the company announced a 2.5% cut to its workforce.

Amazon Layoffs 2023: What to Know as AMZN Plans More Job Cuts

By Josh Enomoto, InvestorPlace Contributor
With Amazon suffering a slowdown in its businesses, the tech giant announced layoffs, spooking investors to sell AMZN stock.

Johnson & Johnson Layoffs 2023: What to Know About the Latest JNJ Job Cuts

By William White, InvestorPlace Writer
Johnson & Johnson (JNJ) layoffs are on the way as the medical, pharmaceutical, and consumer goods company cuts jobs.

Meta Platforms Layoffs 2023: What to Know About the Latest META Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
The next round of Meta Platforms layoffs is likely coming this week. Here's what META stock investors need to know about the pending job cuts.

Atlassian Layoffs 2023: What to Know About the Latest TEAM Job Cuts

By David Moadel, InvestorPlace Contributor
A report of Atlassian layoffs is circulating right now. TEAM stock traders don't seem too bothered about the news, however.

Sirius XM Layoffs 2023: What to Know About the Latest SIRI Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
A popular satellite and radio company has announced job cuts. Here's what investors need to know about the Sirius XM layoffs.

Atai Layoffs 2023: What to Know About the Latest ATAI Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
Atai Life Sciences has just announced 30% job cuts. Here's how investors should be interpreting the Atai layoffs as ATAI stock rises.

Airbnb Layoffs 2023: What to Know About the Latest ABNB Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
Another tech innovator has opted for job cuts. Here's why the Airbnb layoffs shouldn't worry ABNB stock investors.

Embark Layoffs 2023: What to Know About the Latest EMBK Job Cuts

By Bret Kenwell, InvestorPlace Contributor
Embark Technologies (EMBK) stock is in focus, as shares display volatility following a recent regulatory filing announcing new Embark layoffs.

Citigroup Layoffs 2023: What to Know About the Latest C Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
Several investment banks have announced job cuts recently. Here's why investors shouldn't be worried about the Citigroup layoffs.

Waymo Layoffs 2023: What to Know About the Latest Waymo Job Cuts

By Larry Ramer, InvestorPlace Contributor
The latest Waymo layoffs will affect 8% of the unit's employees. aymo recently began testing its driverless cars in Los Angeles.

Eventbrite Layoffs 2023: What to Know About the Latest EB Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
Eventbrite has announced plans for job cuts as shares rise. Here's why investors shouldn't worry about the Eventbrite layoffs.

General Motors Layoffs 2023: What to Know About the Latest GM Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
One Motor City icon is laying off 500 executive level workers. Here's why investors shouldn't fear the General Motors layoffs.

Palantir Layoffs 2023: What to Know About the Latest PLTR Job Cuts

By Shrey Dua, InvestorPlace Assistant News Writer
Palantir layoffs are the talk of Wall Street as the software analytics company becomes the latest tech company to slow hiring.

EVgo Layoffs 2023: What to Know About the Latest EVGO Job Cuts

By Samuel O'Brient, InvestorPlace Financial News Writer
EVgo just announced plans to cut 40 workers. However, it's still hiring for certain roles. Here's what the EVgo layoffs mean for investors.

McKinsey Layoffs 2023: What to Know About the Latest McKinsey Consulting Job Cuts

By Shrey Dua, InvestorPlace Assistant News Writer
McKinsey layoffs are the talk of Wall Street lately as tech job cuts are starting to spill into other industries.

Meta Platforms Layoffs 2023: Are More Facebook Job Cuts Coming?

By William White, InvestorPlace Writer
Meta Platforms (META) layoffs are a hot topic on Wednesday as reports spread that the Facebook parent company is planning more job cuts.
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