Uber, Netflix, Amazon Among Firms Cutting Jobs Oct. 9–10; HubSpot, AMETEK Also Report Reductions
Companies across tech, manufacturing and services cut a combined 3,913 jobs on Oct. 9–10, according to filings and news reports.
Overview
Between October 9 and October 10, companies across multiple sectors reported workforce reductions totaling 25 separate layoff actions affecting 3,913 employees, according to a mix of WARN filings and media reports.
Key highlights
- Uber Technologies, Inc. reported a layoff action that is included in WARN filings with state regulators affecting part of the overall Information Technology sector, which accounted for 3 layoffs and 1,025 employees impacted.
- Netflix, Inc. recorded a single action in Communication Services affecting 850 employees.
- Amazon.com, Inc. filed reports of job cuts in the Consumer Discretionary sector; reporting came via livemint.com, MMORPG.com and WZTV.
- HubSpot was reported by CBS News, CTech and CMSWire among Information Technology employers included in the period’s reductions.
- Industrial and manufacturing firms also reported cuts: AMETEK, Inc., DSV Contract Logistics, Battelle and Flock Safety together accounted for multiple actions in the Industrials sector totaling 5 layoffs affecting 687 employees. Flock Safety’s reductions were reported by The Times of India, CXO Digitalpulse, International Business Times (Singapore edition).
Sector breakdown
- Information Technology: 3 layoffs, 1,025 employees (companies include Uber Technologies, Inc., ODS Technologies LP and Betfair Interactive US LLC, HubSpot).
- Communication Services: 1 layoff, 850 employees (Netflix, Inc.).
- Industrials: 5 layoffs, 687 employees (AMETEK, Inc., DSV Contract Logistics, Battelle, Flock Safety).
- Finance and Insurance: 2 layoffs, 242 employees (Success Lending, LLC; reported via a WARN filing with state regulators).
- Assisted Living Facility for the Elderly: 2 layoffs, 122 employees (Volante of Arlington Heights (at Mariella of Arlington Heights); per a WARN filing with state regulators).
- Commercial Printing Manufacturer: 2 layoffs, 184 employees (Continental Web Press; per a WARN filing with state regulators).
- Consumer Discretionary: 2 layoffs, 180 employees (Beachbody, LLC; Amazon.com, Inc.).
- Manufacturing: 2 layoffs, 205 employees (InvaGen Pharmaceuticals, Inc.).
- Telephone Manufacturer: 2 layoffs, 150 employees (Charles Industries, LLC; per a WARN filing with state regulators).
- Meat and Meat Market Wholesaler: 1 layoff, 109 employees (Fulton Troika LLC dba Fulton Market; per a WARN filing with state regulators).
- Health Care: 1 layoff, 87 employees (Caribou Biosciences, Inc.; per a WARN filing with state regulators).
- Materials: 1 layoff, 70 employees (Cemex).
- Human Rights Organization: 1 layoff, 2 employees (Heartland Human Care Services).
Reporting sources
Several actions were disclosed via WARN filings with state regulators (including notifications from Success Lending, LLC; Volante of Arlington Heights (at Mariella of Arlington Heights); Uber Technologies, Inc.; ODS Technologies LP and Betfair Interactive US LLC; Caribou Biosciences, Inc.; Charles Industries, LLC; Continental Web Press; AMETEK, Inc.; DSV Contract Logistics; Battelle; Fulton Troika LLC dba Fulton Market; Beachbody, LLC). Media outlets reported on others, including HubSpot (CBS News, CTech, CMSWire), Flock Safety (The Times of India, CXO Digitalpulse, International Business Times, Singapore Edition) and Amazon.com, Inc. (livemint.com, MMORPG.com, WZTV).
This summary is limited to the actions reported between October 9 and October 10 and reflects the counts and sources listed in the reporting provided.