2023 Layoff Tracker: T-Mobile Cutting About 5,000 Employees

T-Mobile, General Motors, Juul, Dick's Sporting Goods, and other major companies have announced layoffs affecting thousands of employees, as employers restructure their workforces amid recession fears and changing market conditions.

forbes.com

Relevant topic timeline:

8/15/2023

The tech jobs market is as strong as it ever was

Main topic: The impact of layoffs on the tech job market and the shifting landscape for tech workers. Key points: 1. Tech professionals are still in demand, both within the technology industry and across other industries. 2. The number of job openings across all sectors has decreased, indicating a potential hiring slowdown. 3. The tech job market has experienced a shifting landscape due to factors such as interest rate hikes and the recognition of remote work opportunities. Hint on Elon Musk: Elon Musk is a prominent figure in the tech industry, known for his involvement in companies like Tesla and SpaceX. He has made significant contributions to the fields of electric vehicles, renewable energy, and space exploration.

8/24/2023

T-Mobile to lay off 5,000 employees

T-Mobile is planning to lay off 5,000 employees, approximately 7% of its workforce, over the next five weeks in an effort to streamline its operations and reduce costs.

8/25/2023

Added layoffs in Ashley, Columbus, Kokomo brings Indiana's total for August to 1,365

Ten Indiana businesses have announced over 1,300 layoffs in August, with four additional layoff notices posted on Friday, including companies in Ashley, Columbus, and Kokomo.

8/30/2023

Do You Still Have Leverage in the Job Market? Depends on Your Industry.

The labor market has experienced a decline in job options and bargaining power for workers, however, some industries such as hospitality and healthcare still offer significant leverage for employees, with the number of resignations surpassing layoffs.

8/31/2023

Job-cut announcements triple in August: Challenger

In August, U.S. employers announced a significant increase in layoffs, with the warehousing industry leading the way, while technology saw the most layoff announcements for the year.

9/13/2023

Google Continues Cost-Cutting with New Round of Layoffs, Letting Go Hundreds of Recruiters

Google conducts another round of layoffs, with hundreds of recruiters losing their jobs, as the tech giant continues to trim expenses and invest in artificial intelligence.

9/16/2023

UAW Workers Strike Against Big 3 Automakers, Companies Respond With Layoffs

The United Auto Workers' strike has led to temporary layoffs for 600 workers at Ford's Michigan plant and is expected to affect 2,000 workers at General Motors' Kansas plant, with no compensation provided by the companies.

9/20/2023

GM Lays Off 2,000 Workers at Kansas Plant as UAW Strike Disrupts Operations

General Motors has announced the indefinite layoff of around 2,000 workers at its Fairfax Assembly Plant in Kansas due to a strike affecting its Wentzville Assembly Plant in Missouri.

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Posted 8/24/2023, 7:19:56 PM