5 Biggest Companies Laying Off in 2023

2. David’s Bridal LLC

Number of layoffs in 2023: 9,503

David’s Bridal is a clothing chain in the U.S. which has nearly 200 locations and is America’s biggest bridal-store chain. On April 14, 2023, amid fears of bankruptcy, the company laid off over 9,000 employees, accounting for nearly 82% of its total workforce at the time. CION Investment Corporation later became the new owner of David’s Bridal.