Latest news with #AdjustmentandRetraining
Yahoo
2 days ago
- Business
- Yahoo
Virginia Mason Franciscan Health files notice of layoffs including in Tacoma
Virginia Mason Franciscan Health is eliminating more than 100 jobs systemwide, including in Tacoma, tied to virtual-care services. According to a Worker Adjustment and Retraining Notification filed Thursday, the layoffs will commence July 28, affecting 116 workers. A VMFH media representative told The News Tribune via email that the layoffs are across the health care system, and 'not limited to Tacoma.' Chad Melton is Interim president, Puget Sound Market, for VMFH. In a statement, Melton said the cuts were part of 'critical but necessary steps to remain financially sustainable so we can continue delivering high-quality care to the communities we serve.' 'This includes transitioning several virtual services and administrative functions, which will impact approximately 200 team members. Affected employees have been notified and are receiving personalized support, including placement assistance and access to open roles within our organization.' Melton noted that VMFH, 'like health care systems across the country,' is facing significant financial pressures 'including rising labor and supply costs, increasing claim denials and chronic underpayment from government programs.' 'These challenges have only intensified in Washington state, where a new budget introduces new taxes that directly affect hospitals and reduces reimbursement, most notably by capping payments for care provided to state and school employees. These changes are expected to cost VMFH an additional $30 million each year.' Melton said that the system as a result was 'realigning resources and improving operational efficiency.' 'These are difficult and necessary decisions to ensure we can continue meeting the needs of our patients — today and into the future,' he added. No further details were available Thursday night.
Business Journals
22-05-2025
- Business
- Business Journals
5 things: The Grazing Goose opens in Rocklin Crossings
Welcome to Thursday, loyal readers. I'm looking forward to seeing you at our Inclusivity in Business Awards this afternoon. Here's what you need to know in the meantime. Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events The Grazing Goose opens in Rocklin Last year, my colleague Jake Abbott told you that The Grazing Goose, a local catering and charcuterie board business, was joining the Rocklin Crossings retail center. Update:The business opened Wednesday at 5410 Crossings Drive, Suite 102, according to a social media announcement. The new location is called The Grazing Goose Bakery + Cafe. In addition to charcuterie boards, it offers items such as sandwiches, salads and coffee. Ava Kivley owns the business. In Rocklin, The Grazing Goose fills a spot previously occupied by Jon and Bon's Yogurt Shoppe. New plans for Sac Republic FC stadium released Sacramento Republic FC has filed new plans for a stadium in Sacramento's Railyards development, with some notable differences from previous iterations. The stadium would have a capacity of 12,000 with the ability to expand to up to 20,000 in a second phase, according to the application. The last stadium concept, intended for the soccer club's move to Major League Soccer, would've had a maximum capacity of 25,000, but never began construction after an investor pulled out of joining team ownership. Senior Reporter Ben van der Meer has details about new plans for a Sac Republic FC stadium in the Railyards. UPS to cut shifts, hundreds of jobs in West Sac United Parcel Service Inc. plans to end two of three shifts at its longtime warehouse in West Sacramento, with a permanent layoff of up to 355 employees, according to a filing with state employment officials. Atlanta-based UPS filed a Worker Adjustment and Retraining Notification of a pending permanent layoff at the UPS center at 1380 Shore St. in West Sacramento. Reporter Mark Anderson explains what you need to know about UPS' planned West Sacramento cuts. Major construction project at SMF nears halfway mark Sacramento International Airport's $390 million Terminal B parking garage is in the early vertical construction phase and remains on track for completion in fall 2026, according to airport officials. "We're in the early phases, probably the first 30% of construction,' said Sheri Thompson-Duarte, deputy director of airport operations for SMF, in an interview. 'But it's very visible now. We're going vertical, and passengers can see that work is clearly underway." Reporter Chris Campbell has the latest on the new Terminal B parking garage at SMF. Murphy Austin picks up practice group from Downey Brand Sacramento-based commercial law firm Murphy Austin Adams Schoenfeld LLP has added a new specialty to its offerings following the addition of a family law group previously with Downey Brand LLP. Murphy Austin, which was founded in 1999, specializes in practice areas focused around corporate, tax, and real estate transactions, construction, business and commercial litigation, labor and employment, health care, nonprofits and estate planning. Its new family law practice team, which joined the firm this week from Downey Brand's Sacramento office, consists of attorneys Mary J. Martinelli, Kelly L. Pope, Trina L. Spivack, Michelle R. Albright, Crystal R. Vizina, Vanessa Villarruel and Jensen Blaine, as well as paralegal Casie Campbell. Reporter Jake Abbott has details about Murphy Austin's new family law group. Have a great day, folks. Thanks for reading.
Yahoo
30-04-2025
- Business
- Yahoo
Bankruptcies and layoffs slam wide range of transportation companies
Layoffs and bankruptcies hit multiple sectors of the supply chain throughout April, as new or soon-to-be-imposed tariffs continue to weigh on freight markets. Truck & Trailer Leasing Avenue of Joliet, Illinois, filed for Chapter 11 bankruptcy on April 16 in the U.S. Bankruptcy Court for the Northern District of Illinois. The company stated in the petition that it has both assets and liabilities of $10 million-$50 million and said that money would be available to pay unsecured creditors. The largest unsecured creditors are Bank Midwest of Kansas City, Missouri, owed about $818,000, and De Lage Landen Financial Services, owed about $623,000. The filing marks Truck & Trailer Leasing's second Chapter 11 case in just over a year, following a bankruptcy filed on March 21, 2024. FreightWaves could not reach Truck & Trailer Leasing Managing Member Sergiu Tintiuc, and a law firm representing the company did not immediately return a phone call seeking comment. Starr Rail of Cooper, Texas, filed for Chapter 11 bankruptcy on April 11 in the U.S. Bankruptcy Court for the Northern District of Texas. The company, which provides rail-to-truck and truck-to-rail transloading, as well as warehousing, contract packaging and last-mile dedicated trucking, has both assets and liabilities of $1 million-$10 million, according to the bankruptcy petition. No funds will be available for unsecured creditors after administrative expenses are paid, according to the filing. The creditors with the largest unsecured claims are Canada's CPKC railroad, owed about $220,000, and Kiamichi Railroad of Southlake, Texas, owed about $133,000. A call to Starr Rail on Wednesday morning was unanswered. LML Logistics of Ocala, Florida, filed a Chapter 11 bankruptcy petition on Friday in the U.S. Bankruptcy Court for the Middle District of Florida. The company stated in the petition that it has assets totaling $100,000-$500,000 and liabilities of $1 million-$10 million. Funds will be available for unsecured creditors, the largest of which are Farm Credit of Florida, owed about $794,000, and the Small Business Administration Economic Injury Disaster Loan program, owed about $107,000, according to the filing. LML has 10 power units and 16 drivers, according to the Federal Motor Carrier Safety Administration's SAFER website. It carries general freight, building materials, fresh produce, meat, refrigerated food and other products. LML Logistics could not immediately be reached for comment. Magazine distributor Accelerate360 Distribution filed a Worker Adjustment and Retraining Notification on Friday on its plan to close its Dakota Merchandising Work location in Sioux Falls, South Dakota. A total of 324 permanent layoffs will result, including 22 people who work at a facility in Missouri, according to the notice. 'The employer anticipates that all employees who work in the Dakota Merchandising function will be laid off as a result of the work unit closure on June 28, 2025,' the WARN notice stated. 'The decision to close the unit is due to these positions being outsourced.' Jannine Clemons, vice president of human resources for Accelerate360, told FreightWaves in a phone interview that the jobs were primarily held by part-time workers and that the work would be taken over by another provider. Kadam Logistics Corp. of Chicago filed a Chapter 11 petition on April 4 in the U.S. Bankruptcy Court for the Northern District of Illinois. The company lists both assets and liabilities of $100,000-$500,000. Kadam has a number of unsecured creditors, the largest of which are First Federal Bank & Trust of Sheridan, Wyoming, owed $98,000, and Transportation Alliance Bank of Ogden, Utah, owed about $84,000. The petition stated that funds will be available to pay unsecured creditors. A notice of financial conditions filed with Kadam's petition showed decreasing gross revenue the past few years. Revenue fell from about $1.5 million in 2023 to less than $1.1 million in 2024 and was at $360,000 so far in 2025. A voicemail left at a number listed for Kadam Logistics was not returned on Wednesday, and an attorney representing the company in the bankruptcy did not immediately return a message. Sweet Trucking Co. of Knoxville, Tennessee, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Tennessee on April 21. Sweet Trucking's gross revenue has fallen each of the past three years: about $2.7 million in 2022, roughly $2.3 million in 2023 and about $2.1 million in 2024. The petition states the company has both assets and liabilities of $1 million-$10 million, and that funds will be available for unsecured creditors. Among the largest unsecured creditors are the IRS, owed $75,000, Thompson Truck Leasing, owed about $67,300, and Truist Bank, owed about $51,500. The SAFER website states that Sweet Trucking has 10 power units and 12 drivers. It carries metal, lumber, machinery and other goods. The company did not immediately respond Wednesday morning to a request for comment. Related: Trucking and logistics bankruptcies reported across US The post Bankruptcies and layoffs slam wide range of transportation companies appeared first on FreightWaves. Sign in to access your portfolio
