Perkins Coie, which ranks 42nd on American Lawyer's list of the 100 highest-grossing law firms in the U.S., has laid off 58 'business professionals.' The firm is one of several in the legal field to recently downsize.The American Car Center in Memphis abruptly announced that it was closing its doors and that 'the employment of all employees of the company,' 288 people, would be terminated by the end of the business day on Feb.

Stytch, a San Francisco startup aiming to rid the world of passwords, has let go of 19 employees - a move that reduces its workforce by 25%.LinkedIn members are posting about layoffs at Nike, which the company has yet to confirm, and at the health care startup Color, where former employees write that 300 positions were eliminated.ThoughtWorks confirmed to TechCrunch what several former employees had shared on LinkedIn: The tech consultancy has laid off 500 workers, or about 4% of its workforce.General Motors is reportedly eliminating 500 executive-level and salaried positions, even though CFO Paul Jacobson said no layoffs were planned as recently as January.

Despite CEO Julia Hartz's assertion in 2022 that live events are 'recession-proof,' Eventbrite is implementing a workforce reduction of 8% and relocating 30% of roles to Spain and India.

If you’ve been impacted by a layoff, find our best tips here. (February hiring figures will be released next week.) The LinkedIn News team continues to monitor the state of the labor market, with the latest job cuts below. However, private-sector data from leading recruiting companies suggests that the number of job postings is declining, even if Labor Department reports have yet to reflect that. economy obliterated forecasts by adding more than 500,000 jobs in January.

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