Unfortunately, the pace of layoffs seems to be picking up speed during the early days of 2023.  The following are 10 major layoff announcements that have already happened so far this year…

#1 Salesforce has announced that approximately 10 percent of their workers will be canned…

Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday.

The company will also exit some real estate and cut back on office space, it disclosed in a filing with the Securities and Exchange Commission. The plan is aimed to reduce operating costs, boost operating margins, and drive “profitable growth.”

#2 Vimeo says that “11% of the company’s workforce” will be permanently canceled…

Vimeo has launched another round of layoffs, a company spokesperson confirmed to Insider on Wednesday.

In an email to staff, Vimeo CEO Anjali Sud said the layoffs would impact 11% of the company’s workforce.

#3 StickFix is eliminating “about 20% of its salaried workforce” as the company starts to come apart at the seams…

StitchFix will cut about 20% of its salaried workforce, according to a statement published by the company on Thursday.

Along with the cuts, the company’s CEO is stepping down, the company announced in a statement.

The company will also close a Salt Lake City, Utah facility, they said.

#4 Their first round of layoffs was not deep enough, and so now Genesis is saying goodbye to “30% of its workforce in a second round of layoffs”…

Cryptocurrency firm Genesis has cut 30% of its workforce in a second round of layoffs in less than six months, according to a person familiar with the matter, as pressure builds on crypto industry executives to cut costs in the wake of a downturn.

#5 Not to be outdone, Silvergate Capital is laying the axe to 40 percent of their workers…

Amid a “crisis of confidence” across the cryptocurrency industry, crypto banking group Silvergate Capital will cut 40% of its workforce and abandon some projects—including a blockchain-based payment solution based on Meta’s abortive Diem project.

#6 SuperRare Labs has just announced that 30 percent of their workforce will need to look for new jobs…

SuperRare Labs, the company behind NFT marketplace SuperRare, became the latest crypto player to make job cuts on Friday, announcing it will reduce its staff by 30%.

The news came from SuperRare CEO John Crain, who tweeted out a message he sent to employees in Slack.

#7 More than a third of Biocept’s workers will be shown the door as the company struggles to survive…

Liquid biopsy firm Biocept said Friday that it is exploring strategic alternatives to enhance shareholder value, and has engaged EF Hutton, a division of Benchmark Investments, as its financial adviser.

As this process moves forward, the firm is implementing a restructuring plan that includes reducing staff by approximately 35 percent.

#8 The first two rounds of layoffs didn’t do the trick, and so now Compass has decided to conduct a third round of layoffs…

Compass is still coming back to earth — but this time possibly without its headquarters. On Thursday, The Real Deal reported that the real-estate company was looking to sublease its 89,000-square-foot office space at 90 Fifth Avenue near Union Square. The same day, Compass also announced it was conducting its third round of layoffs this year; in an SEC filing, the company wrote that layoffs would “allow for a path to achieve positive free cash flow in 2023.”

#9 It turns out that the layoffs at Amazon will be much larger than originally anticipated…

Amazon said it is slashing a total of 18,000 jobs, a larger number of positions than it previously announced and the largest set of layoffs in the e-commerce giant’s history.

“We typically wait to communicate about these outcomes until we can speak with the people who are directly impacted,” CEO Andy Jassy said in a note to employees that the company made public on Wednesday. “However, because one of our teammates leaked this information externally, we decided it was better to share this news earlier so you can hear the details directly from me.”

#10 The Daily Mail is reporting that McDonald’s “will slash many of its 200,000 corporate staff in coming months” as it attempts to turn the business back in a positive direction…

McDonald’s CEO Chris Kempczinski has revealed plans to slash corporate jobs later this year to help the business grow.

In a letter to staff on Friday, the fast-food giant boss said there would be ‘difficult discussions and decisions ahead’ and warned that the company had become unfocused.

But don’t worry.

The Bureau of Labor Statistics is telling us that everything is just fine.

You believe them, don’t you?

Sadly, it appears that a lot more layoffs could be coming very soon.  For example, Bed Bath & Beyond is in such bad shape that it may soon not have many employees left at all…

Now Bed Bath & Beyond “has concluded that there is substantial doubt about the company’s ability to continue as a going concern,” the retailer said on Thursday. This means Bed Bath & Beyond has to consider all financial options, including restructuring, selling assets or going through bankruptcy.

“These measures may not be successful,” the company added. Its stock price dropped more than 20% as soon as markets opened.

For years, our leaders have been desperately trying to prop up our “bubble economy”, and for a while their efforts were successful.

But now they can no longer hold back the economic catastrophe that has been building for more than a decade.

This generation was handed the keys to the greatest economic machine in world history, but those in power have wrecked it.

Now we stand at the brink of an unprecedented economic crisis, and the months ahead are likely to be quite brutal.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.

I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.

I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Article cross-posted from The Economic Collapse Blog.

I don’t concern myself with an individual employee’s political leanings as long as they don’t interfere with business. However, when a company imposes leadership’s ideology into their products or services, I pay attention. This is why I haven’t eaten at Chipotle in a long time, for example. Salesforce CEO Marc Benioff has threatened to take his ideology to the extremes as it pertains to his business. According to Breitbart:

Salesforce CEO Marc Benioff is threatening to pull his software company’s operations out of Republican-run states if their policies do not align with his liberal worldview, specifically in regard to abortion policy.

Appearing on CNN Newsroom with Poppy Harlow on Friday, Benioff stated: “If you’re not for equality and dignity, then this is something that I cannot work with, and then we’re going to have to exit your city or your state.”

Uberdouche/@SalesforceOrg CEO @Benioff vows to leave Republican-led cities/states: "If you're not for equality and dignity … then we're going to have to exit your city or your state" pic.twitter.com/6217HucMCZ

— Tom Elliott (@tomselliott) September 23, 2022

Before making his threat, the billionaire mentioned that he is dealing with a “series of crazy presidents, crazy governors, crazy mayors” all over the country and world.

When Harlow pressed Benioff on who he thought was “crazy,” he did not mention a current situation but referenced Indiana’s Religious Freedom Restoration Act in 2015. After then-governor Mike Pence (R) signed the legislation, the billionaire tech CEO announced plans to cancel programs that would require customers and employees to travel to the Hoosier state.

He followed up on his threat by promising relocation packages to employees in Indiana who wished to move.

Pence and other Republican legislators ultimately caved to Benioff’s and woke corporations’ demands by passing a revised amendment that effectively nullified the original piece of legislation passed.

Benioff has turned Salesforce into a political organization, making fighting the culture war more important than serving customers. Yep, that’s a hard pass.

Bye https://t.co/vXky4bw7Xm

— Harmeet K. Dhillon (@pnjaban) September 25, 2022

If he’s so willing to impose his ideology on others to the point that he’ll harm his own employees and customers over it, then it behooves ALL businesses, whether owned by Republicans or not, to abandon the use of their popular productivity software. The sentiment of their CEO tells us that he puts personal politics above the wellbeing of those involved with his company. In essence, he’s weaponizing his company, and that does not make for good business decisions.

Conservative, leftist, or indifferent, every company in America that uses Salesforce should find an alternative immediately. The CEO’s willingness to harm customers and employees over politics reeks of instability. Abandon ship now.