Bank of America - cut 152 jobs in Sunrise, FL. January 20Google parent Alphabet plans to cut around 12,000 jobs worldwide, CEO Sundar Pichai said, citing the need for tough choices in order to fully capture the huge opportunities lying ahead. Just this week, Alphabet, Google's parent company, Microsoft (MSFT) and Vox Media announced layoffs that will affect more than 22,000 workers. According to Layoffs.fyi, tech companies slashed more . Google Cuts 12,000 Workers - 2023 Tech Layoffs Roundup - Forbes They join a growing list of companies cutting back on their. Dow is in the process of slashing about 2,000 global positions in an effort to reduce costs, The Wall Street Journal reported on Jan. 26. The layoffs come as T. Rowe (Nasdaq: TROW) has rebounded in 2023 after a tough 2022 that saw the company's assets under management drop 25%. Source: Washington Post https://www.washingtonpost.com/business/2023/01/06/layoff-numbers/, Subscribe for top news, trends, analysis, & more in your inbox. Reuters. January 26Hasbro said it would cut 15% of its global workforce this year (affecting roughly 1,000 full-time employees), as the toymakers revenue fell 17% over the past year against the backdrop of a challenging holiday consumer environment, CEO Chris Cocks said in a statement. While Dow is reportedly targeting the technology sector, its overall goal is to reduce its spending by $1 billion this year. Budrul Chukrut/SOPA Images/LightRocket/Getty Images, Liz Hafalia/The San Francisco Chronicle/Getty Images, Brian Ach/Invision for The RealReal/AP Images. "Environments change -- and so must we," he said. "The company is shutting down its regular operations on July 28, 2023, closing and/or laying off employees at all of its locations, including yours," the company said in a memo to staff that . Worried About Impending Layoffs? - Harvard Business Review January 23Spotify will lay off 6% of its workforce (roughly 600 employees, based on the 9,800 full-time workers it had as of a September 30 filing) and shares of the firm rose more than 5% in early trading as investors continue to largely digest tech layoffs as positive news for bottom lines, while the companys chief content officer Dawn Ostroff will depart the company as part of the reorganization. Avery Hartmans. Industry: Consumer Products July 2023 Global renowned lingerie manufacturer Regina Miracle has laid off 8,400 employees at its factory in Vietnam within a year due to a decline in export orders. A 16-week base severance package with an extra two weeks for every year employed. Biotech layoffs 2023: Boston real estate market is real casualty Founded in Hong Kong, China, Regina Miracle is a major lingerie production hub for many well-known global brands, such as Victoria's Secret. Silicon Valley companies have been experiencing layoffs and hiring freezes. Layoffs come. .JVi7i2,.hrbzfT{background-color:var(--corvid-background-color,rgba(var(--bg,0,0,0),var(--alpha-bg,0)));border:solid var(--corvid-border-color,rgba(var(--brd,227,227,227),var(--alpha-brd,1))) var(--corvid-border-width,var(--brw,0));border-radius:var(--corvid-border-radius,var(--rd,0));box-shadow:var(--shd,0 0 0 transparent)}.d3n4V3{height:100%;left:-var(--corvid-border-width,var(--brw,0));position:absolute;top:-var(--corvid-border-width,var(--brw,0));width:100%} After more than 100 rounds of layoffs last year, according to Fierce Biotech, 2023 has already brought . Compensation through the notification period (minimum of 60 days). Google is a tech powerhouse that requires thousands of employees to keep it running and functioning. While tech companies seemed to take the brunt of it, many startups, banks, manufacturers and online platforms also conducted mass layoffs. February 1Boston-based online sports betting company DraftKings also said it plans to cut 3.5% of its global workforce, in a cost-cutting move expected to affect approximately 140 employees, the Boston Globe reported. March 24A round of cuts at Bed Bath & Beyond affected 1,300 employees, including 572 at an e-commerce facility and 377 at its corporate headquarters in New Jersey, according to state financial documents, as the companys financial woes continue and after it announced plans last August to cut 20% of its workforce and close 150 stores. In addition to that, employees will continue receiving healthcare coverage during their severance period. Globally, 482 tech companies have fired 1,28,202 employees in 2023 till date. In a recent securities filing, Microsoft revealed that it plans on cutting about 5 percent of its workforce, or 10,000 employees by March 2023. Startups,. 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