eBay and Uber Among Firms Reporting Cuts in Oct. 23–24 Filings
Twenty-seven layoffs affecting 24,518 employees were reported across sectors Oct. 23–24.
eBay Inc. and Uber Technologies, Inc. were among companies that reported workforce reductions in filings and media reports covering Oct. 23–24. Authorities and outlets recorded a total of 27 layoff actions affecting 24,518 employees across multiple sectors.
Overview
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The largest single-sector impact was in Information Technology, with 3 layoff actions affecting 10,206 employees. Companies in this sector included Formagrid Inc. dba Airtable, Wipro, LLC, and Uber Technologies, Inc.; the Formagrid action was reported in a WARN filing with state regulators, Wipro, LLC was reported by TradingView and ETHRWorld.com, and Uber Technologies, Inc. was reported by The Economic Times, Analytics Insight and Investing.com.
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The Financials sector accounted for 2 actions affecting 8,500 employees, involving American Express Company and Barclays Services Corporation.
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Communication Services saw 4 actions affecting 1,894 employees, with Netflix, Inc. and Electronic Arts Inc. among the companies; Netflix, Inc. was reported via a WARN filing with state regulators.
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Consumer Discretionary reported 4 actions impacting 1,851 employees; companies listed include Fender Musical Instruments Corporation, eBay Inc., and Duty Free Americas, Inc. The actions for Fender, eBay and Duty Free Americas were reported in WARN filings with state regulators. Additional reporting on eBay also appeared in The Business Journals, KRON4 and CTech.
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Consumer Staples included 5 actions affecting 1,385 employees, with filings for Dreyer's Grand Ice Cream, Safeway and Acme Markets Inc. noted by state WARN filings; Safeway was additionally reported by WhatNow.
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Industrials recorded 2 actions affecting 172 employees, tied to Randstad (Dreyer's Grand Ice Cream) and Kenco Logistic Services, LLC, both reported via WARN filings with state regulators.
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Health Care had 6 actions, with 10 employees affected and Kaiser Foundation Hospitals reported in a WARN filing with state regulators.
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In Materials, Cleveland-Cliffs, Inc. reported 1 action affecting 500 employees.
Reporting and sources
Most actions were disclosed via WARN filings with state regulators. Media coverage cited in reports included The Business Journals, KRON4, CTech, TradingView, ETHRWorld.com, The Economic Times, Analytics Insight, Investing.com and WhatNow for specific company announcements as noted above.
Key numbers
- Total layoff actions: 27
- Total employees affected: 24,518
- Sectors reporting actions: Consumer Discretionary, Industrials, Consumer Staples, Information Technology, Health Care, Communication Services, Financials, Materials
Methods of disclosure
The supplied records indicate a mix of WARN filings with state regulators and reporting by named publications for the companies listed. Each company above is referenced with the reporting source provided in those records.