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CBS News
19-05-2025
- Business
- CBS News
Panera Fresh Dough Facility in Southeast Michigan to close permamently
One arrested after double shooting in Dearborn Heights and more top stories One arrested after double shooting in Dearborn Heights and more top stories One arrested after double shooting in Dearborn Heights and more top stories The Panera Fresh Dough Facility in Romulus, Michigan, will close July 25 with 66 employees losing their jobs. The details of the layoff were related in a WARN Act notice filed May 13 with the Michigan Department of Labor and Economic Opportunity. The Worker Adjustment and Retraining Notification Act, also known as WARN act, requires companies going through mass layoffs and / or site closures to issue advance public notice to the state's labor department, should that step meet certain requirements for the size of company or number of people involved. Positions such as packer, planner, mixer, sanitation lead and component driver as among those affected. "This closure is expected to be permanent," the letter said about the facility on Harrison Road in Wayne County. "Panera is offering all affected employees a severance package as well as outplacement services." Restaurant Business Online explained that other Fresh Dough Facilities across the country also have closed as the company shifts to using third-party bakeries who follow Panera's recipes rather than conducting the first step of bread preparation at its own plants.
Yahoo
15-05-2025
- Business
- Yahoo
Michigan's jobless rate remains unchanged in April but signs point to future increases
Michigan's unemployment rate remained unchanged in April at 5.5% after increasing for three consecutive months, according to data released May 15 by the Michigan Department of Technology, Management and Budget. The state's jobless rate has increased by 1.1 percentage points since April 2024 when the unemployment rate was 4.4%. At a national level, the unemployment rate also remained stable in April at 4.2%. In Michigan, payroll jobs rose by 11,000, or 0.2%, in April, according to a monthly survey of employers, DTMB said. Most of the month's employment increase was due to job additions within the private education and health services sector. Manufacturing employment rose by 2,000 in April but remained down 11,000 jobs when compared with the same month a year ago. While April's unemployment rate remained steady compared with March, there are recent signs that the state's jobless rate could increase in the coming months. More on Michigan's economy: Inflation is slowing. Wages are up. So why does life feel costly for many Michiganders? More unemployment news: New claims for jobless benefits in Michigan surge sharply New weekly claims for unemployment insurance have remained at elevated levels in recent months compared with the last few years, spiking in the week ending May 3 to more than 12,000 claims. New claims in the state dropped back down to more normal but still elevated levels of 6,347 claims in the week ending May 10, the U.S. Department of Labor said on May 15. Meanwhile, several companies with employees in Michigan have filed WARN Act notices with the state in recent months, a notice that employers must give to employees and local government officials before they execute a mass layoff or close an employment site. General Motors, for example, said in April that it would lay off 200 employees at its Factory Zero in Detroit and Hamtramck. Contact Adrienne Roberts: amroberts@ This article originally appeared on Detroit Free Press: Michigan's unemployment rate remains unchanged in April Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Alabama-based processing plant lays off over 100, triggers legal investigation
Over a hundred Alabama plant workers have recently found themselves out of a job after a round of mass layoffs. AlaTrade Foods, a poultry processing company that focuses on deboning, trimming and sorting chicken, was founded in 2000. The company operates three plant locations in Alabama, in Albertville, Boaz and Phenix City. AlaTrade Foods, according to the company itself, processes 400 million pounds of chicken annually and is the largest 100% employee-owned company based in Alabama. According to the Alabama Department of Commerce, the Phenix City location laid off 165 employees, effective March 27. The reason for the layoff — as well as opportunities and resources for employees affected by the layoff — are unclear, as AlaTrade Foods has not responded to requests for comment. More: Alabama manufacturing plant to end operations after almost 50 years and lay off 200 The WARN act, a federal law passed in 1988, requires companies to notify workers in writing before mass layoffs. Specifically, companies with over 100 employees are required to provide a 60-day notice of significant layoffs or plant closings to allow workers to properly accommodate for the loss of work. The WARN notice documenting the AlaTrade Foods layoff, according to the Alabama Department of Commerce, is dated March 28, one day after the layoff was in effect. AlaTrade Foods' recent round of layoffs at its Phenix City location has sparked some investigation into their compliance with these policies. Strauss Borelli, a class action lawsuit firm, in a post dated March 31, announced that their firm is investigating a possible breach of WARN notice policies in this particular incident, noting that based on the law, they "believe AlaTrade Foods employees may be entitled to sixty days of severance pay and benefits." AlaTrade Foods has not responded to requests for comment about the timing of the WARN Act notification. Sarah Clifton covers business for the Montgomery Advertiser. You can reach her at sclifton@ or follow her on X @sarahgclifton. This article originally appeared on Montgomery Advertiser: Chicken processing plant lays off over 100 in Alabama
Yahoo
15-05-2025
- Business
- Yahoo
Michigan's jobless rate remains unchanged in April but signs point to future increases
Michigan's unemployment rate remained unchanged in April at 5.5% after increasing for three consecutive months, according to data released May 15 by the Michigan Department of Technology, Management and Budget. The state's jobless rate has increased by 1.1 percentage points since April 2024 when the unemployment rate was 4.4%. At a national level, the unemployment rate also remained stable in April at 4.2%. In Michigan, payroll jobs rose by 11,000, or 0.2%, in April, according to a monthly survey of employers, DTMB said. Most of the month's employment increase was due to job additions within the private education and health services sector. Manufacturing employment rose by 2,000 in April but remained down 11,000 jobs when compared with the same month a year ago. While April's unemployment rate remained steady compared with March, there are recent signs that the state's jobless rate could increase in the coming months. More on Michigan's economy: Inflation is slowing. Wages are up. So why does life feel costly for many Michiganders? More unemployment news: New claims for jobless benefits in Michigan surge sharply New weekly claims for unemployment insurance have remained at elevated levels in recent months compared with the last few years, spiking in the week ending May 3 to more than 12,000 claims. New claims in the state dropped back down to more normal but still elevated levels of 6,347 claims in the week ending May 10, the U.S. Department of Labor said on May 15. Meanwhile, several companies with employees in Michigan have filed WARN Act notices with the state in recent months, a notice that employers must give to employees and local government officials before they execute a mass layoff or close an employment site. General Motors, for example, said in April that it would lay off 200 employees at its Factory Zero in Detroit and Hamtramck. Contact Adrienne Roberts: amroberts@ This article originally appeared on Detroit Free Press: Michigan's unemployment rate remains unchanged in April
Newsweek
13-05-2025
- Business
- Newsweek
Mass Layoffs Hit Microsoft
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Microsoft is laying off thousands of its employees this week, according to media reports. Newsweek reached out to Microsoft for comment via email. Why It Matters More than 100 large companies across various industries are laying off employees in May as businesses across the country are grappling with a shifting landscape including the potential for tariffs and emerging technologies that are reshaping the workforce. Others are seeking to improve efficiency and maximize profits by cutting the number of employees on the payroll. What to Know Nearly 3 percent of all Microsoft employees, about 6,000 people, are receiving layoff notices, reported several tech and financial news outlets including CNBC and GeekWire. The layoffs are affecting a range of levels and teams across the United States, GeekWire reported. A Microsoft sign is seen on March 13, 2020 in New York City. A Microsoft sign is seen on March 13, 2020 in New York June 2024, Microsoft had about 228,000 employees but some have been laid off since, according to the company's website. This included 126,000 working in the United States and 102,000 internationally. According to the group Legal Aid at Work, a mass layoff occurs under the WARN Act when at least 50 employees are laid off during a 30-day period and affects one-third of the workplace if 500 employees are laid off during a 30-day period regardless of the company's size or an entire work site is closed down and at least 50 employees are laid off during a 30-day period. In January 2023, Microsoft laid off about 10,000 employees. There have been some layoffs since then, including some performance-based layoffs in January, per CNBC, but those have been in smaller numbers. Other tech companies, such as Meta, have also been affected by large-scale layoffs so far this year. Microsoft's stock dropped about 1.5 percent by noon on Tuesday. So far in 2025, its stock has risen about 7 percent. What Happens Next Microsoft spokesperson Pete Wootton told The Verge: "We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace." Microsoft CFO Amy Hood said during the company's third-quarter conference call on April 30: "Operating expenses increased two percent and three percent in constant currency, lower than expected due to our focus on cost efficiencies as well as investments that shifted to quarter four. Operating margins increased 1 point year over year to 46 percent, better than expected as we continue to focus on building high-performing teams and increasing our agility by reducing layers with fewer managers." What Happens Next Many details about the layoffs including who in particular would be affected remained unknown publicly. More companies could announce layoffs this year, but it's yet to be seen which could do so.
