Latest news with #WorkerAdjustmentandRetrainingNotificationAct
Time of India
6 days ago
- Business
- Time of India
As the July jobs report paints a grim picture, 114 companies plan layoffs in August - is yours on the list?
Full list of companies laying off employees in August 2025 : The summer is turning colder for many American workers. As the July jobs report shows slowing growth and rising unemployment, 114 companies have filed notices to lay off employees in August 2025, potentially affecting thousands across the country, as per a report. US Job Growth Slows as Unemployment Ticks Up to 4.2% The latest numbers from the Bureau of Labor Statistics show job growth totaling just 73,000 in July, falling well short of economists' expectations and underscoring growing concerns about the health of the US labor market as US president Donald Trump ramps up tariffs, as reported by CNBC. To make matters worse, the unemployment rate ticked up to 4.2%, a figure in line with forecasts but worrying given that previous months' job totals were also revised downward by a combined 258,000, as per the CNBC report. 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While some are minor, involving just a few employees, but others are far more severe, with companies like Microsoft, Georgia-Pacific, and Pixelle Specialty Solutions each expected to lay off between 501 and 1,000 workers, according to the report. Live Events ALSO READ: Atlassian boss Mike Cannon-Brookes axes 150 jobs via AI, then defends his private jet in brutal video message Layoffs Spread Across Industries: Tech, Retail, Health Care & More The layoffs span nearly every major sector of the economy, from software and pharmaceuticals to retail, food, health care, and logistics, as per the Newsweek report. Whether you're working at a hospital or a high-tech firm, no industry seems immune. Employees at big names like Microsoft, Wells Fargo, CVS Health, Target, Nordstrom, JP Morgan Chase, Amazon Fresh, Walmart, and McDonald's could be among those affected, according to the Newsweek report. Layoff Tracker: All the Companies Letting Go of Workers in August 2025 Here is the full list, which is based on WARN notices, provided by INEOS ABS USA CAM Industrial Solutions TouchPoint Services (AKA Compass Group) United States Cellular Corporation Lennox Industries Pacific Premier Bank Wellpath Atria Wealth Solutions Corteva Prothena Biosciences Inc. Hood Packaging Corporation Microsoft JC Penney Central Valley Training Center, Inc. Stephens Distributing Company DAI Global, LLC Morgan Truck Body, LLC Reyes Coca-Cola Bottling, LLC L&T Precision, LLC Oerlikon Balzers Coating USA Inc. Georgia-Pacific Sutro Biopharma, Inc. Boston Scientific Corporation Mission Linen Supply CAM Industrial Solutions Highgate Hotels CVS Health Corporation ACDI/VOCA Michaels Stores Procurement, Inc. Incyte Diagnostics JP Morgan Chase Leidos Holdings, Inc. Sapango, Inc. (Tre Posti) Vertex Pharmaceuticals Swat Fame, Inc. The Mutual Group Sodexo Del Monte Foods, Inc. Movate, Inc. (The Genesis Project) Discovery Energy (Rehlko) INOAC Exterior Systems, LLC Accelerate360 Distribution, LLC Nuttall Gear, LLC First Student Paramount Global BioNTech Us, Inc. Need It Now Need It Now Delivers, LLC Del Frisco's Double Eagle Steakhouse Pixelle Specialty Solutions Wells Fargo Harpoon Henry's Seafood Restaurant KIRA Services, LLC KIRA Government Services KIRA Services LLC and KIRA Training Services Southeast Service Corporation (Services For Education) Robert Kaufman, Inc. Ranstad US TEKsystems Seviroli Foods Tyson Foods HyPro, Inc. Transit Management of Volusia County, Inc. Stingray Pressure Pumping Gilead Sciences Target TransAxle, LLC Nordstrom Albertson's Baton Rouge Randalls Store ADRA International Lightspeed Logistics Miami, LLC Advanced Drainage Systems, Inc. Encino Energy, LLC JC Penney (Maryland) Milwaukee Forge, LLC Planned Parenthood Mar Monte, Inc. Amazon Fresh McDonald's Restaurants of California, Inc. Khoros, LLC Oxford Social Club Mucci Tehachapi, Inc. Nasco Education, LLC Social Distribution, LLC Walmart BLST Operating Company, LLC LPL Financial, LLC CRST Expedited, Inc. Whitsons Food Service, LLC Milgard Manufacturing, LLC Columbus Regional Health Joe's Crab Shack Goldman Sachs and Co., LLC Prineville Facility Design Group Americas and Red Lion, LLC Pocino Foods Company IG Design Group Americas, Inc. Bowhead Missions Solutions, LLC International Business Machines-Coppell Accenture Rogue Valley Transportation District Activision Blizzard Science Systems and Applications Management and Training Corporation Pourlessoins (Synergy Health Services and Zomleben) Northwest Offset Printing, Inc. Santa Maria Hostel TT Electronics Facility IRC (Plano) Ford Design Studio NYP Holdings, Inc. Sonoco Products DHL OTG Management - Terminal 8 U.S. Cotton, LLC ALSO READ: Microsoft lays off thousands, makes $27 billion profit in Q2 — CEO Satya Nadella doubles down on AI mania Are Tariffs Fueling a US Job Market Recession? While layoffs are rising, experts caution against linking them solely to a struggling economy, as per Newsweek. Some companies may be reducing staff to boost profits or adapt to shifting demand, according to the report. But larger macroeconomic forces are clearly at play, including global tariffs and domestic policy changes, as per the Newsweek report. Daniel Alpert, executive chairman of Westland Capital LLC, told Newsweek that the "jury's still out" regarding the impact of tariffs on American employers and workers/consumers, and highlighted that as soon as there is a substantial impact on unit sales, a recession will essentially be in effect, as reported by Newsweek. He explained that, "Conversely, in intermediate goods, when you have price rises in primary inputs that affect the ability of domestic manufacturers to manufacture without losing money, you're going to have layoffs and there's your recession. So, it really depends on what this all comes out to be in the end," as quoted by Newsweek. Alpert said that, "My general overall answer is what [Trump] wants to do, he can't do without tanking the economy. Can he do something less than what he is fulminating about? Yeah, there are things he can do to fine-tune the system that could even be beneficial. But that's not what's coming out of his mouth, or his pen, at the moment," as quoted in the report. August Layoffs Up from July, But Below June's Peak If you're concerned about job security this month, it's worth checking whether your employer is on the WARN list. Layoffs are expected to increase from July's 95 employers to 114 in August, even if the number remains lower than June's 160, as per the Newsweek report. The range of layoffs varies, some companies are cutting just a handful of jobs, while others are slashing hundreds, according to the report. Some of the businesses affected include food distributors, healthcare providers, banks, tech firms, manufacturers, and logistics companies, according to the Newsweek report. As the US continues navigating uncertain economic condition, with tariffs, inflation, and consumer behavior all in flux, the job market may remain unpredictable in the months ahead, as per Newsweek. FAQs Why are so many companies laying off workers in August 2025? A mix of rising costs, global tariffs, and shifting strategies is prompting companies to reduce staff, as per the Newsweek report. How to know if my company is planning layoffs? Check employers are required to file notices ahead of mass layoffs.
Miami Herald
6 days ago
- Business
- Miami Herald
List of Companies Laying Off Employees in August
Thousands of employees across various industries are expected to be laid off in August. Companies are required to send out a Worker Adjustment and Retraining Notification Act (WARN) notice before implementing mass layoffs. A total of 114 companies are anticipated to cut workers, according to Layoffs may not directly correlate to the current economic climate, as some companies strive to maximize profits at the behest of the broader workforce. Others attempt to better fulfill demand. The United States economy is responding to governmental actions, including widespread tariffs on countries worldwide and reactions from myriad industries, including manufacturing. The layoffs expected this month may indicate a still-turbulent economy and lack of clarity within the business sector, with the layoff outlook showing an increase compared to the roughly 95 employers that laid off workers in July. It's a smaller number overall compared to the roughly 160 companies that laid off workers in June. The layoffs will affect multiple industries, including retail, software, pharmaceuticals, food and beverage, health care, package delivery and more. Employee layoffs vary by company and location. Some are slated to lay off between one and 25 employees. Other actions are more drastic, including Microsoft, Georgia-Pacific and Pixelle Specialty Solutions, each projected to lay off between 501 and 1,000 workers. The full list, based on WARN notices via INEOS ABS USACAM Industrial SolutionsTouchPoint Services (AKA Compass Group)United States Cellular CorporationLennox IndustriesPacific Premier BankWellpathAtria Wealth SolutionsCortevaProthena Biosciences Packaging CorporationMicrosoftJC PenneyCentral Valley Training Center, Distributing CompanyDAI Global, LLCMorgan Truck Body, LLCReyes Coca-Cola Bottling, LLCL&T Precision, LLCOerlikon Balzers Coating USA Biopharma, Scientific CorporationMission Linen SupplyCAM Industrial SolutionsHighgate HotelsCVS Health CorporationACDI/VOCAMichaels Stores Procurement, DiagnosticsJP Morgan ChaseLeidos Holdings, Inc. (Tre Posti)Vertex PharmaceuticalsSwat Fame, Mutual GroupSodexoDel Monte Foods, Inc. (The Genesis Project)Discovery Energy (Rehlko)INOAC Exterior Systems, LLCAccelerate360 Distribution, LLCNuttall Gear, LLCFirst StudentParamount GlobalBioNTech Us, It NowNeed It Now Delivers, LLCDel Frisco's Double Eagle SteakhousePixelle Specialty SolutionsWells FargoHarpoon Henry's Seafood RestaurantKIRA Services, LLCKIRA Government ServicesKIRA Services LLC and KIRA Training ServicesSoutheast Service Corporation (Services For Education)Robert Kaufman, USTEKsystemsSeviroli FoodsTyson FoodsHyPro, Management of Volusia County, Pressure PumpingGilead SciencesTargetTransAxle, LLCNordstromAlbertson's Baton RougeRandalls StoreADRA InternationalLightspeed Logistics Miami, LLCAdvanced Drainage Systems, Energy, LLCJC Penney (Maryland)Milwaukee Forge, LLCPlanned Parenthood Mar Monte, FreshMcDonald's Restaurants of California, LLCOxford Social ClubMucci Tehachapi, Education, LLCSocial Distribution, LLCWalmartBLST Operating Company, LLCLPL Financial, LLCCRST Expedited, Food Service, LLCMilgard Manufacturing, LLCColumbus Regional HealthJoe's Crab ShackGoldman Sachs and Co., LLCPrineville FacilityDesign Group Americas and Red Lion, LLCPocino Foods CompanyIG Design Group Americas, Missions Solutions, LLCInternational Business Machines-CoppellAccentureRogue Valley Transportation DistrictActivision BlizzardScience Systems and ApplicationsManagement and Training CorporationPourlessoins (Synergy Health Services and Zomleben)Northwest Offset Printing, Maria HostelTT Electronics Facility IRC (Plano)Ford Design StudioNYP Holdings, ProductsDHLOTG Management - Terminal 8U.S. Cotton, LLC Daniel Alpert, executive chairman of Westland Capital LLC, told Newsweek via phone that the "jury's still out" regarding the impact of tariffs on American employers and workers/consumers, saying that as soon as there is a substantial impact on unit sales, a recession will essentially be in effect. "It's pretty simple," Alpert said. "Conversely, in intermediate goods, when you have price rises in primary inputs that affect the ability of domestic manufacturers to manufacture without losing money, you're going to have layoffs and there's your recession. So, it really depends on what this all comes out to be in the end. "My general overall answer is what [Trump] wants to do, he can't do without tanking the economy. Can he do something less than what he is fulminating about? Yeah, there are things he can do to fine-tune the system that could even be beneficial. But that's not what's coming out of his mouth, or his pen, at the moment." A Fox News poll conducted from July 18-21 and surveying 1,000 randomly selected voters found that 32 percent rated economic conditions positively-the highest number, by 1 percentage point, in roughly a year. On a personal level, 44 percent rated their financial situation positively, up from 39 percent in March and 38 percent in December. The White House, on Wednesday: "Today, President Donald J. Trump signed an Executive Order suspending duty-free de minimis treatment for low-value shipments, closing the catastrophic loophole used to, among other things, evade tariffs and funnel deadly synthetic opioids as well as other unsafe or below-market products that harm American workers and businesses into the United States." As Trump's suspension of "reciprocal tariffs" ends Friday, most countries unsuccessful in securing a trade deal with the U.S. will see their rates revert to the levels announced on April 2. The 90-day tariff pause on China is due to end on August 12, with no indications of a further extension. Related Articles Applause as Teary State Department Workers Exit After Mass FiringsSupreme Court Gives Trump Major Win As Sotomayor, Kagan Side With AdminGen Z Are Living in Fear of LayoffsLayoffs Surge to Highest Level Since 2020 2025 NEWSWEEK DIGITAL LLC.
Newsweek
6 days ago
- Business
- Newsweek
List of Companies Laying Off Employees in August
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. Thousands of employees across various industries are expected to be laid off in August. Companies are required to send out a Worker Adjustment and Retraining Notification Act (WARN) notice before implementing mass layoffs. A total of 114 companies are anticipated to cut workers, according to Why It Matters Layoffs may not directly correlate to the current economic climate, as some companies strive to maximize profits at the behest of the broader workforce. Others attempt to better fulfill demand. The United States economy is responding to governmental actions, including widespread tariffs on countries worldwide and reactions from myriad industries, including manufacturing. The layoffs expected this month may indicate a still-turbulent economy and lack of clarity within the business sector, with the layoff outlook showing an increase compared to the roughly 95 employers that laid off workers in July. It's a smaller number overall compared to the roughly 160 companies that laid off workers in June. A total of 114 companies are anticipated to cut workers in August 2025, according to a data tracker. A total of 114 companies are anticipated to cut workers in August 2025, according to a data tracker. Getty Images What To Know The layoffs will affect multiple industries, including retail, software, pharmaceuticals, food and beverage, health care, package delivery and more. Employee layoffs vary by company and location. Some are slated to lay off between one and 25 employees. Other actions are more drastic, including Microsoft, Georgia-Pacific and Pixelle Specialty Solutions, each projected to lay off between 501 and 1,000 workers. The full list, based on WARN notices via INEOS ABS USA CAM Industrial Solutions TouchPoint Services (AKA Compass Group) United States Cellular Corporation Lennox Industries Pacific Premier Bank Wellpath Atria Wealth Solutions Corteva Prothena Biosciences Inc. Hood Packaging Corporation Microsoft JC Penney Central Valley Training Center, Inc. Stephens Distributing Company DAI Global, LLC Morgan Truck Body, LLC Reyes Coca-Cola Bottling, LLC L&T Precision, LLC Oerlikon Balzers Coating USA Inc. Georgia-Pacific Sutro Biopharma, Inc. Boston Scientific Corporation Mission Linen Supply CAM Industrial Solutions Highgate Hotels CVS Health Corporation ACDI/VOCA Michaels Stores Procurement, Inc. Incyte Diagnostics JP Morgan Chase Leidos Holdings, Inc. Sapango, Inc. (Tre Posti) Vertex Pharmaceuticals Swat Fame, Inc. The Mutual Group Sodexo Del Monte Foods, Inc. Movate, Inc. (The Genesis Project) Discovery Energy (Rehlko) INOAC Exterior Systems, LLC Accelerate360 Distribution, LLC Nuttall Gear, LLC First Student Paramount Global BioNTech Us, Inc. Need It Now Need It Now Delivers, LLC Del Frisco's Double Eagle Steakhouse Pixelle Specialty Solutions Wells Fargo Harpoon Henry's Seafood Restaurant KIRA Services, LLC KIRA Government Services KIRA Services LLC and KIRA Training Services Southeast Service Corporation (Services For Education) Robert Kaufman, Inc. Ranstad US TEKsystems Seviroli Foods Tyson Foods HyPro, Inc. Transit Management of Volusia County, Inc. Stingray Pressure Pumping Gilead Sciences Target TransAxle, LLC Nordstrom Albertson's Baton Rouge Randalls Store ADRA International Lightspeed Logistics Miami, LLC Advanced Drainage Systems, Inc. Encino Energy, LLC JC Penney (Maryland) Milwaukee Forge, LLC Planned Parenthood Mar Monte, Inc. Amazon Fresh McDonald's Restaurants of California, Inc. Khoros, LLC Oxford Social Club Mucci Tehachapi, Inc. Nasco Education, LLC Social Distribution, LLC Walmart BLST Operating Company, LLC LPL Financial, LLC CRST Expedited, Inc. Whitsons Food Service, LLC Milgard Manufacturing, LLC Columbus Regional Health Joe's Crab Shack Goldman Sachs and Co., LLC Prineville Facility Design Group Americas and Red Lion, LLC Pocino Foods Company IG Design Group Americas, Inc. Bowhead Missions Solutions, LLC International Business Machines-Coppell Accenture Rogue Valley Transportation District Activision Blizzard Science Systems and Applications Management and Training Corporation Pourlessoins (Synergy Health Services and Zomleben) Northwest Offset Printing, Inc. Santa Maria Hostel TT Electronics Facility IRC (Plano) Ford Design Studio NYP Holdings, Inc. Sonoco Products DHL OTG Management - Terminal 8 U.S. Cotton, LLC Daniel Alpert, executive chairman of Westland Capital LLC, told Newsweek via phone that the "jury's still out" regarding the impact of tariffs on American employers and workers/consumers, saying that as soon as there is a substantial impact on unit sales, a recession will essentially be in effect. "It's pretty simple," Alpert said. "Conversely, in intermediate goods, when you have price rises in primary inputs that affect the ability of domestic manufacturers to manufacture without losing money, you're going to have layoffs and there's your recession. So, it really depends on what this all comes out to be in the end. "My general overall answer is what [Trump] wants to do, he can't do without tanking the economy. Can he do something less than what he is fulminating about? Yeah, there are things he can do to fine-tune the system that could even be beneficial. But that's not what's coming out of his mouth, or his pen, at the moment." A Fox News poll conducted from July 18-21 and surveying 1,000 randomly selected voters found that 32 percent rated economic conditions positively—the highest number, by 1 percentage point, in roughly a year. On a personal level, 44 percent rated their financial situation positively, up from 39 percent in March and 38 percent in December. What People Are Saying The White House, on Wednesday: "Today, President Donald J. Trump signed an Executive Order suspending duty-free de minimis treatment for low-value shipments, closing the catastrophic loophole used to, among other things, evade tariffs and funnel deadly synthetic opioids as well as other unsafe or below-market products that harm American workers and businesses into the United States." What Happens Next As Trump's suspension of "reciprocal tariffs" ends Friday, most countries unsuccessful in securing a trade deal with the U.S. will see their rates revert to the levels announced on April 2. The 90-day tariff pause on China is due to end on August 12, with no indications of a further extension.
Yahoo
15-07-2025
- Automotive
- Yahoo
Truck maker plans to layoff 2,000 workers in the US, Mexico
Daimler Truck North America plans to temporarily lay off 2,000 employees from five facilities in the U.S. and Mexico amid weak market demand, the company said. The layoffs, which will be effective Friday, include two facilities near Charlotte, as well as factories in Detroit, Portland, and Saltillo, Mexico. Each site will experience different impacts based on local business needs, Daimler officials said. 'As we navigate a challenging economic environment, we've seen a notable slowdown in new truck orders, particularly in our medium-duty, on-highway, and electric vehicle segments,' Daimler Truck North America spokesman Andrew Johnson told FreightWaves in an email. 'To align with current market conditions, we've made the tough decision to implement workforce reductions across several facilities.' The layoffs in North Carolina include 546 employees from a manufacturing plant in Mount Holly, and 27 workers from a components and logistics site in Gastonia, according to a Worker Adjustment and Retraining Notification Act notice. The job cuts include truck assemblers, painters, supervisors, material handlers, office supervisors, technicians, and logistics staff. The lay offs are expected to be temporary, but do not have a return date yet. Portland, Oregon-based Daimler Truck North America employs 29,200 people, according to its website. Daimler Truck North America operates manufacturing plants in Cleveland, Gastonia, High Point, and Mount Holly, North Carolina; Gaffney, South Carolina; Redford, Michigan; and Saltillo and Santiago, Mexico. Daimler Truck North America is a subsidiary of Germany-based Daimler Truck AG. The company's brands include Freightliner, Western Star, Mercedes-Benz, Fuso, BharatBenz and Rizon. The post Truck maker plans to layoff 2,000 workers in the US, Mexico appeared first on FreightWaves. 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
Miami Herald
11-07-2025
- Business
- Miami Herald
Huge shipping company closes facilities, lays off 100s
The shipping industry has battled through the Great Freight Recession over the last three years, with some companies downsizing and others disappearing from the landscape. Shipping, trucking, and logistics companies have suffered through a bad economy, decline in demand, low freight rates, rising costs of labor, fuel, and insurance, and fallout from the Covid pandemic, which created a glut of trucks and drivers in the U.S. Don't miss the move: Subscribe to TheStreet's free daily newsletter Financial distress from these economic issues forced companies into out-of-court restructurings, bankruptcy filings, asset sales, and business closures. Related: Major parcel shipping company closes down, no bankruptcy Remarkably, several companies were able to close down or downsize their businesses without filing for bankruptcy. LTI Trucking, which operated with 250 drivers, 300 tractors, and 575 trailers, shut down its operations on April 2, 2025 without filing for bankruptcy protection or giving a reason for closing. LTI was a major shipper of products for AB InBev, KraftHeinz, Vlasic, Hershey's, Nestle, Tyson, Hillshire Farm, Kroger, Hostess, and Sara Lee. Davis Express Inc., which had 160 trucks and 140 drivers, shut down its business permanently and did not file for bankruptcy, after making its final deliveries on April 23 and returning all trucks to its terminal by April 30. The company's owner said the company, which operated in Florida, Alabama, Georgia, and South Carolina, had been unprofitable since 2023, and he did not expect to see improvement in 2025. All employees were paid and received benefits through their June 15 pay period, the company said. United Parcel Service in April 2025 said it will eliminate 20,000 workers and close 73 leased and owned buildings in 2025, after deciding to reduce the number of packages it will deliver for Amazon. UPS already cut 12,000 employees worldwide in 2024. The company blamed declining consumer demand driven by macroeconomic uncertainty from the threat of tariffs for its economic issues. The company also has no plans to file for bankruptcy. And now, giant shipping company FedEx Corp revealed that it will close its Omaha, Neb., and Greensboro, N.C., facilities and lay off 480 employees, including 102 and 164 employees at those locations, respectively, according to Worker Adjustment and Retraining Notification Act notices. Related: Bankrupt essential retail brand closing more stores, more to come FedEx said in a letter to the Nebraska Department of Labor that it will relocate the majority of its Omaha business within 50 miles of the closed facility. It said that employees impacted by the closure and relocation are not part of or affiliated with any union, and no bumping rights are available. More closings: Major furniture manufacturer closes down, no bankruptcyIconic pizza chain's franchisees close multiple restaurantsIconic retail chain closing over 100 stores in bankruptcy However, the letter said employees whose positions are eliminated or impacted will be provided with the options to consider transfer to new locations, severance, or a leave of absence during which they may pursue other positions with FedEx. The company also revealed in a WARN notice that it will lay off 84 employees at its Des Moines, Iowa, facility and lay off another 131 workers at its Garland and Plano, Texas, locations. In notifications sent to the Nebraska Department of Labor, North Carolina Department of Commerce, and Iowa Workforce Development on June 30, FedEx said the closures and layoffs were related to its Network 2.0 multi-year network transformation announced in 2022 to improve pickup, transport, and delivery of packages. It also notified the Texas Workforce Commission. Related: Iconic retail chain closing over 100 stores in bankruptcy The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
