More proof you brick-n-mortar store owners can’t directly blame the internet/high-tech competition for your demise. Incomplete list of U.S. internet/high-tech/communications job destruction announcements in April 2017:
Discount broker and T-Mobile partner Loyal3 suddenly announced it will shutdown in May!
Arkansas: Bentonville based Walmart laid off hundreds more corporate employees, including 3-hundred Information System Division employees! It’s part of Walmart’s plan to improve its lagging e-commerce sales.
California: Despite reporting a record breaking quarter NerdWallet laid off more than 40 people. It’s part of NerdWallet’s plan to shift focus on different services and to consolidate operations. After 11 years Palo Cedro Printing shutdown. It sounds like the operator was forced out by the landlord saying “I am still in the printing business, but I am closing the store front. I will not have a location for walk in customers until I find a new space.” In North Highlands, Advanced Call Center Technologies eliminating 135 call center jobs by the end of May! Google suddenly laid off 104 satellite mapping employees and refuses to say why! Reports that China based ‘smart’phone maker LeEco has eliminated hundreds of California jobs and more layoffs are planned! Former employees told local news media that they’re still waiting for their final paychecks! In Irvine, software company Cylance laid off an undisclosed number of employees due to restructuring. In Santa Clara, Marvell Semiconductor laying off 13 people in June. Online marketplace Zazzle issued a shutdown WARN for its San Jose ops, 117 jobs gone by June! Vishay Siliconix issued a layoff WARN for Santa Clara, 71 jobs gone by the end of June. NDC Technologies shutting down its Irwindale ops, 42 jobs gone by July. Texas Instruments issued a layoff WARN for its Santa Clara ops, 78 jobs gone by mid-June. In Fullerton, Nelco Products laying off 62 people by mid-June. In Westlake Village, NCR laying off 76 people by the end of June. 3D Instruments issued a shutdown WARN for its Anaheim ops, 59 jobs gone by the end of June. In San Jose, Nimble Storage finally notified the state that it laid off 67 people back in February.
Colorado: Greenwood Village based Ciber is now bankrupt busted and being sold-off to a French company. Georgia based payment processor TSYS (Total SYstem Services) shutting down its operations in Golden, in an effort to “focus to our business model.”
Connecticut: Bristol based ESPN laid off about 1-hundred people, saying the layoffs were planned awhile ago due to “Dynamic change demands”!
Idaho: Georgia based payment processor TSYS (Total SYstem Services) laying off 64 people as it shuts down its operations in Boise, in an effort to “focus to our business model.” Also in Boise, Marvell Semiconductor laying off 23 people in June.
Illinois: More layoffs for Chicago based Groupon, this time 1-hundred people were suddenly let go! Apparently it’s part of Groupon’s plan to kill 1-thousand jobs and halt operations in seven countries.
Indiana: Outsourcing company StarTek laying off 207 ‘customer care’ employees in June, no reason given!
Nebraska: Warren Buffett owned BH Media Group suddenly laid off 289 people and closed 108 vacant newspaper jobs! But don’t blame competition with digital media, CEO Terry Kroeger revealed that even digital media is losing money saying “our digital revenue is not growing fast enough”.
New Jersey: Gannett Satellite Information Network issued a WARN for its operations in Freehold, 213 jobs gone by June!
New York: Online magazine Elite Daily issued a shutdown WARN, at least 47 jobs lost due to the sale of the internet business.
North Carolina: LED light bulb maker Cree laid off 70 people “in response to current business conditions.” Centerline Digital laid off 20% of its employees. Upset former employees revealed on internet sites that at least 25% of employees voluntarily quit every year, due to mismanagement. However, Centerline Digital administrators say the 20% layoff is due to its largest client conducting a “market transformation”. Winston-Salem Journal suddenly laid off 14 people due to crashing revenues. News & Record suddenly laid off 36 people “in response to market changes.”
Pennsylvania: Condulent laying off 149 call center employees in Moosic by the end of May! Local news media said employees were ordered not to talk to local news media.
Texas: Tax sucking General Dynamics shutting down its Lacy Lakeview ObamaCare sign-up call center, 840 jobs lost by the end of May! It’s blamed on the lack of people signing up for ObamaCare (ACA).
Virginia: Richmond-Times Dispatch suddenly laid off 33 people, announcing the company must restructure due to crashing revenues.
U.S. Tech/Communications breakdown, March 2017: ”TO REDUCE OUR BURN RATE”