4/7/17 | 12:17:38 | 3,200 people have been bankrupt in the U.S. in 2017, a new report finds.
The list is dominated by large corporations like Apple, Amazon, and Netflix, which have seen their market value shrink while their share of the nation’s gross domestic product has stagnated.
While the list does not include smaller companies like General Motors, Home Depot, or Bank of America, it does include some companies that have been struggling financially, like the maker of Z-Wave home security systems, which was acquired by Cisco in 2016 for $1.8 billion.
The data from the Federal Reserve Bank of New York, the National Credit Union Administration, and the Federal Trade Commission are released every year.
The report finds that of the 5,821 bankruptcies since the end of the recession in late 2007, 5,539 have occurred since 2014.
This is a significant decline from the 5 million bankruptcies during the first five years of the recovery, the report says.
“When you consider the economic turmoil of 2016, you can see the importance of this data,” said Robert Johnson, a partner at the law firm DLA Piper and an expert on the economic fallout from bankruptcies.
“We need to be very clear that there is nothing that justifies the way some of these companies have been behaving.”
Among the 10 companies that are on the list are Home Depot and Target, which each sold $2.7 trillion worth of merchandise in 2017.
Target and Home Depot had roughly 10 percent and 9 percent of the U,S.
Target said it plans to close about 1,000 stores and cut its workforce to 455 employees in 2018.
The retail chain said it would hire an additional 50,000 employees in 2019 and will make investments in its U.N. mission.
It also announced plans to eliminate its annual Christmas shopping promotion in 2020, and it will sell off about 60 stores.
Target’s chief financial officer said the company will be working with local and state governments and regulators to ensure that the retailer remains in good financial shape.
“Our focus is on making our stores and our workforce as strong as possible,” Target said in a statement.
“While we have had some tough financial times in recent years, Target continues to focus on the things that make us a great value retailer and a great retailer of products.”
The other 10 bankruptcies included companies like Dell, Amazon and eBay.
Dell and eBay both reported their first bankruptcies in 2016, and both later filed for Chapter 11 bankruptcy protection.
Dell said it had to sell more than 10 million of its computers and servers to pay its $4 billion debt.
“This is a really important milestone in our history,” Dell CEO Michael Dell said in November.
“It means we have enough cash in our pockets to start the process of restructuring and going forward, but we are in a very different environment right now than we were five years ago.” eBay CEO John Donahoe told reporters that the company had already begun to plan for a transition to a liquidation plan and that the transition would be a gradual one.
“EBay’s going to have to change its approach,” Donahoes chief financial officers said at a news conference.
“And I think that the majority of the time, the company is going to be able to get out of that phase.”
Dell also said that it planned to divest from its online business, which includes eBay’s e-commerce business.
Donahe said that the U is the only market in the world where there are so many large companies with so many billions of dollars at stake, and “we have to be careful.”
He said the U’s current bankruptcy rules are too strict and that “we need to come up with a better approach.”
“I think a better way to look at bankruptcy is that it is a period of time where we have a very, very low level of leverage in our portfolio,” he said.
Read more about bankruptcies and debt at The Wall St. Journal.”
But we can’t do that by doing something that will put them at risk.”
Read more about bankruptcies and debt at The Wall St. Journal.