Which are the top 10 companies that had the most significant layoffs this year?

author
1 minute, 8 seconds Read

Here are the top 10 companies that had the most significant layoffs in 2021:

1. Wells Fargo: The banking giant announced plans to cut around 26,500 jobs as part of its cost-cutting measures.
2. Boeing: The aerospace company announced a series of layoffs and job cuts, with around 20,000 positions eliminated.
3. Walt Disney: Due to the impact of the COVID-19 pandemic on theme parks and resorts, Disney laid off around 32,000 employees early in the year.
4. Chevron: The oil and gas company announced plans to reduce its workforce by nearly 10-15%, resulting in layoffs of thousands of employees.
5. United Airlines: Due to the decline in travel demand during the pandemic, the airline announced layoffs of nearly 16,000 employees.
6. American Airlines: Like United, American Airlines also faced significant layoffs, cutting around 19,000 jobs.
7. AT&T: The telecommunications company announced plans to cut around 3% of its workforce, resulting in layoffs of several thousand employees.
8. Allstate: The insurance company announced plans to cut around 3,800 jobs, mainly in its claims division.
9. ExxonMobil: Due to the impact of the pandemic on the energy sector, ExxonMobil announced plans to reduce its global workforce by 14,000 jobs by the end of 2021.
10. Goldman Sachs: The investment banking firm announced layoffs of around 400 employees globally as part of its streamlining efforts.

It’s important to note that the number of layoffs and job cuts can change, as companies may continue to announce or implement additional workforce reductions.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *