Many layoffs are due to financial constraints from the pandemic. See which channel vendors were impacted.

Edward Gately, Senior News Editor

October 29, 2020

13 Slides

COVID-19 layoffs have rocked the channel since the pandemic started this past spring.

Salesforce, NetApp and AT&T are among companies in the channel that have shed workers since last March as part of a cost-cutting strategy and/or business transformation. Many resulted because of financial constraints due to the pandemic.

COVID-19 layoffs continue, with HPE and Dell Technologies as the latest examples. Furthermore, with no end in sight to the pandemic, companies continue to tighten their belts.

Displaced workers may have a tough time finding new opportunities. According to CompTIA, nationally, total job postings across the economy fell by more than 260,000 last month. That shows less employer recruiting activity.

Moreover, job postings for IT occupations were slightly lower, falling by 11,372 postings, but still totaled more than 200,000.

Scroll through our layoff tracker below for a recap of cuts that have occurred since last March.

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About the Author(s)

Edward Gately

Senior News Editor, Channel Futures

As news editor, Edward Gately covers cybersecurity, new channel programs and program changes, M&A and other IT channel trends. Prior to Informa, he spent 26 years as a newspaper journalist in Texas, Louisiana and Arizona.

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