![]() Vox Media laid off 39 employees, its fourth round of staff cuts since the start of 2018.Global software giant Oracle is laying off an unspecified number of employees in its U.S.Online brokerage Robinhood laid off 23% of its staff in its second round of cuts this year.Walmart is laying off as many as 200 corporate employees in areas like merchandising and real estate.LinkedIn members shared about staffing cuts made at other companies: real estate tech platform Doma, which also laid off staff in May cannabis tech Weedmaps childcare management app brightwheel analytics software platform Sisu, and payments processor Fiserv.and Canada, is laying off about 200 employees. Video game developer Jam City, which has offices across the U.S.Makeup brand Glossier laid off around two dozen employees in early August, its second round of layoffs this year, though the company said it also plans to hire more staff.Some tips for navigating your career during uncertain times can be found here.įirms that have announced layoffs since the beginning of July include:.The reason is twofold - to share about the experience and also to network with recruiters. This year's layoffs have ushered in a new trend, reports The Wall Street Journal: announcing a job loss on social media.Despite those mounting signs of economic trouble, CNBC notes that overall employer demand for workers “remains extremely high” and that layoffs are "near historical lows." Now companies across multiple sectors are making staff cuts as executives worry about a possible recession and weigh "all manner of adverse near-term effects on their businesses," Puck writes. Layoffs, hiring freezes and rescinded job offers have roiled the tech industry and startup community for several months.
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