SWFI Daily Layoffs Briefing, April 10, 2020

Posted on 04/10/2020

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AMC Theatres Could End Go Belly Up

Leawood-based AMC Theatres could end up filing for bankruptcy permanently ending jobs with the company. AMC is talking to law firm Weil, Gotshal & Manges about filing a chapter 11.

The Oregon Clinic Terminates 820 Employees in Portland Area

The Oregon Clinic has laid off approximately 820 Portland-region workers.

ON Semiconductor Corporation Plans for Layoffs

ON Semiconductor Corporation plans to terminate 475 employees. These cuts equate to about 1.4% of the company’s workforce.

Sage Therapeutics Restructures

After failing on its experimental major depressive disorder drug in December 2019 and combined with the impact of the coronavirus, Sage Therapeutics is terminating 53% of its workforce under the restructuring plan.

20th Century Fox

20th Century Fox terminated 120 Los Angeles-based employees.

Leafly

Leafly is a cannabis startup. The startup terminated 91 employees.

Sonder

Apartment rental startup Sonder plans to lay off or furlough 400 employees, or 30% of its employee base.