Netflix, Kroger and Lululemon Among Firms Reporting Cuts Oct. 15–16

Between Oct. 15 and Oct. 16, companies across 10 sectors reported workforce reductions affecting a combined 7,630 employees in 24 separate layoff actions.

Key totals

• Total layoff actions: 24
• Total employees affected: 7,630
• Sectors reporting layoffs: 10

Notable company actions and sector breakdown

• Communication Services: Five layoff actions affecting 2,034 employees. Reported companies include Netflix, Inc., Ubisoft, and UMG Recordings, Inc. Reporting outlets include India Today, NewsBytes and NDTV Profit for Netflix, Inc., TechCrunch, NBC Los Angeles and Forbes for Netflix, Inc., WN Hub, Insider Gaming and MSN for Ubisoft, PC Gamer, VGChartz and GamingBolt for Ubisoft, and Billboard for UMG Recordings, Inc.

• Consumer Staples: Two layoff actions affecting 3,001 employees. The affected firms listed are The Kroger Co. and Sapporo U.S.A. Reporting for The Kroger Co. came via Business Insider, the Cincinnati Enquirer and WKRC; Sapporo U.S.A. was reported via a WARN filing with state regulators.

• Consumer Discretionary: Three layoff actions affecting 636 employees. Companies include Hasbro, Inc., Lululemon Athletica Inc., and Jacuzzi. Coverage for Hasbro, Inc. appeared at WJAR and MassLive.com; Lululemon Athletica Inc. was reported by SGB Media and Retail Dive; Jacuzzi was reported via a WARN filing with state regulators.

• Materials: Two layoff actions affecting 699 employees. Reported companies are Cleveland-Cliffs, Inc. and The Mosaic Company. Reporting sources include the Toronto Star, thecanadianpressnews.ca and BNN Bloomberg for Cleveland-Cliffs, Inc., and a WARN filing with state regulators for The Mosaic Company.

• Information Technology: Three layoff actions affecting 680 employees. Companies listed include HubSpot and ServiceNow, Inc. (company-level reporting sources were not specified beyond inclusion in the IT sector).

• Industrials: Three layoff actions affecting 293 employees. Companies include Builders FirstSource, Inc., Haas Automation, Inc., and Menzies Aviation, each reported via WARN filings with state regulators.

• Financials: One layoff action affecting 200 employees at KPMG.

• Other Services (except Public Administration): One layoff action affecting 71 employees at Mezz57th, LLC.

• Energy: Two layoff actions affecting 8 employees at Phillips 66.

• Health Care: Two layoff actions affecting 8 employees at Kaiser Foundation Hospitals.

Reporting notes

The dataset lists specific media and filing sources tied to several company reports (for example, multiple outlets for Netflix, Inc., WARN filings for The Mosaic Company, Jacuzzi, Builders FirstSource, Haas Automation, Inc., and Menzies Aviation, and regional outlets for The Kroger Co.). Where the input specified those sources, they are noted above.

Aggregate totals and company lists are drawn from the supplied records for the Oct. 15–16 period.