PDF News Release - DOL Nationwide Insurance Culture | Comparably KPBS in. Mass Layoffs In 2022: List Of Top Companies That Have Laid - Inventiva To fuel Vyeptis future growth, the Danish company is cutting jobs. Alphabet, Googles parent company, plans to lay off about 10,000 poor performing employees, or 6 percent of its workforce, following the layoffs by Meta, Amazon, Twitter, Salesforce, and more amid the rough global conditions. 2022 Annual Report Nationwide. Lufthansa has reached a new deal with the trade union, Verdi, to cut 200 million euros (178 million) in costs in return for making no compulsory redundancies in 2021. Stellantis, citing the global semiconductor chip shortage, is planning to lay off 400 workers at its Jeep Cherokee SUV plant in Belvidere, Illinois. Mythical Games, a blockchain video game company that has raised more than $270 million in venture capital, laid off 10% of its staff and lost three top executives. PowerHome Solar has slashed half its workforce, discontinues NC installations in wake of Generac failures. GoTo Group, Indonesias largest internet company, is planning to cut more than 10% of the workforce, which will affect 1,000 jobs as it seeks to cut costs and shore up its finances. Spectrum Pharmaceuticals (SPPI) will reduce its workforce by approximately 30% due to strategic restructuring. Nationwide Business Insurance 2023 Review: Pros, Cons, Coverage Options State Farm - Best Home Insurance Company for Nationwide Coverage. UPMC Insurance Services Division, the largest health insurer in western Pennsylvania, grew 9% to nearly 4.5 million members. BankFirst - shut by FDIC. John Lewis laid off 1,500 office jobs as part of its effort to make 300 million in annual cost savings and return to profitability. Morgan Stanley has cut about 2 percent of its workforce, affecting about 1,600 positions out of its global workforce of more than 81,000 employees. The layoffs involved junior to senior employees in Baidus AI, mobile, cloud, and other technical departments. The downsizing mainly impacts its coaching team.