***** LAYOFFS THREAD ***** McKinsey plans to cut 2,000 jobs in one of its biggest layoffs

[andhra_jp]

3M to Cut 2,500 Manufacturing Jobs Following Weak Earnings Report

The maker of Scotch tape, Post-it Notes and more said Tuesday that sales for the fourth quarter had fallen 6%, weighed down by currency fluctuations. The company said it expects sales to continue to slide this year.

 

[ismartganesh]

January 24 , 2023

Bally Corporation - 15% of workforce

Update: Washington Post - Layoffs begin, No # yet

Rocket Companies - 50

Innovaccer - 245

Tufts Medicine - 70 and 170 open positions

3M - 2,500

PagerDuty - 7% of Staff

Uber Freight - 150

Finch Therapeutics - 95% of staff

Genpact at Richardson Office - Almost 1,000

HanesBrands Inc. in NC - Some Layoffs , No #

[ramudu]

5 minutes ago, ismartganesh said:

January 24 , 2023

Bally Corporation - 15% of workforce

Update: Washington Post - Layoffs begin, No # yet

Rocket Companies - 50

Innovaccer - 245

Tufts Medicine - 70 and 170 open positions

3M - 2,500

PagerDuty - 7% of Staff

Uber Freight - 150

Finch Therapeutics - 95% of staff

Genpact at Richardson Office - Almost 1,000

HanesBrands Inc. in NC - Some Layoffs , No #

3M kuda layoffs aaa , devudaa

[ismartganesh]

January 25 , 2023

Lam Research - 1,300

IBM - 3,900

Guardant Health - 130

Clear Capital - 250

Bolt - 50

Solera Auto Finance - Layoffs reported

De Beers Brands Stamford CT Office - Layoffs, No #

Prosus - 30% of Corp. Staff

Reddit - Reports of Layoffs, No # yet

Lockheed Martin Rotary / Mission System - 800

London-based crypto exchange Luno - 330

Icon Technology Inc. - Some Layoffs , No #

Vermont County Store - 32

[ismartganesh]

January 26 , 2023

Tier Mobility and Spin - 100

Update : Greenbrier Northwest Portland railcar-manufacturing facility - 101

Ford ( Europe ) - 3,200

[Saloly]

IBM 

SAP

[andhra_jp]

Dow to Cut 2,000 Jobs Globally

Dow Inc said it is laying off about 2,000 employees globally as job cuts that have so far been concentrated in the technology sector spread to other parts of the economy.

The Midland, Mich.-based chemicals company said it is targeting $1 billion in cost cuts this year as slowing economic growth and a drop-off in demand weigh on sales.

Dow on Thursday also posted weaker-than-expected results for the fourth quarter. Revenue fell more than 17% to $11.86 billion, missing analysts’ estimates, with the company citing slowing economic growth around the world and destocking of inventory by customers.

Dow said it is targeting $500 million in structural improvements and another $500 million in operating cost reductions. The company said it would look to cut costs tied to purchasing raw materials, logistics and utilities.

https://www.wsj.com/articles/dow-to-cut-2-000-jobs-globally-11674733667

[ismartganesh]

January 26 , 2023

McCormick - Cutting Jobs, starting w 'Voluntary' retirement, followed by 'involuntary' layoffs

Dow Inc - 2,000

Dotdash Meredith - 274

Abzena - 66 in San Diego

Tier Mobility and Spin - 100

SAP - 3,000

Update : Greenbrier Northwest Portland railcar-manufacturing facility - 101

Ford ( Europe ) - 3,200

[Moon_Walker]

what is the situation in healthcare sector?

[patela_24]

yevaraina 60 days grace period yela extend cheskovalo suggestions isthey meeku punyam untadhi

[Spartan]

6 minutes ago, patela_24 said:

yevaraina 60 days grace period yela extend cheskovalo suggestions isthey meeku punyam untadhi

for default 60days you dont need to do anything extra..

there is process to only for cases which surprass 60days, you need to file for EAD under critical circumstances.

hope people get placed before that 60day period.

[k2s]

28 minutes ago, patela_24 said:

yevaraina 60 days grace period yela extend cheskovalo suggestions isthey meeku punyam untadhi

paternity and Leave of Absense etc lantivi untey apply cheyi. if you are on lay off list, lay off authavu and 60 days will start next day you finish your leave

[Spartan]

Just now, k2s said:

paternity and Leave of Absense etc lantivi untey apply cheyi. if you are on lay off list, lay off authavu and 60 days will start next day you finish your leave

severance period lo those wont work i think @k2s sign-off papers lo mention chestaru..

u cannot take paternity or go for leave of absence  beyond the 60 days

[csrcsr]

31 minutes ago, patela_24 said:

yevaraina 60 days grace period yela extend cheskovalo suggestions isthey meeku punyam untadhi

try to find a job in 60 days bro adi dorakpothe find a desi emp who can run a pay roll and do h1 transfer

Circumstantial ead its old rule not sure any one tried so far

 

2 minutes ago, k2s said:

paternity and Leave of Absense etc lantivi untey apply cheyi. if you are on lay off list, lay off authavu and 60 days will start next day you finish your leave

some people already on maternity , paternity got laid off bro the law only protects if its selective targetted laid off, costcutting, role elimination type of layoffs lo dont think any law can protect the termination day will be along the same lines as regular

[csrcsr]

next paypal ki gatiga padthundochu