Latest news with #WorkerAdjustmentandRetrainingNotificationAct
Newsweek
2 days ago
- Business
- Newsweek
List of Companies Laying Off Employees in June
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 June. Companies are required to send out a Worker Adjustment and Retraining Notification Act (WARN) notice before implementing mass layoffs. Roughly 138 employers plan to lay off workers in June, according to Why It Matters American workers and businesses have feared economic turmoil, due in part to the fallout from tariffs imposed on virtually every other nation, as well as on unique industries such as steel and aluminum, and foreign automobiles. 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. A Coca-Cola delivery driver unloads his truck on April 12, 2021, in Lake Oswego, Oregon. A Coca-Cola delivery driver unloads his truck on April 12, 2021, in Lake Oswego, Oregon. Getty Images What To Know Nearly 160 companies will be laying off employees throughout the month of June, exceeding the approximately 130 companies that did so in May. The layoffs will affect multiple industries, including retail, pharmaceutical, food and beverage, airlines, package delivery and more. Layoffs in the workforce vary by company, with some laying off between one and 25 employees; other companies, like U.S. Cellular, have larger cuts planned. The full list, based on WARN notices via includes: Newark Group Air Wisconsin Airlines American Institutes of Research Leidos Holdings Cali Nail Market Wells Fargo Chevron Texaco Saddle Creek Logistics Services Whirlpool Corporation Interstate Management Company LLC S3 Shared Service Solution OTG Management (Terminal 5) SDS Lumber United States Cellular Corporation Confluent Medical Technologies USCC Management Services Pfizer FedEx FEAM Aero Washington Prime Group Vail Corporation Mount McKinley Ardent Mills ImmPact Bio USA Inc., a subsidiary of Lyell Immunopharma Piedmont Athens Regional Medical Center NEP Group True Food Kitchen Benchmark Precision Technologies INOAC Exterior Systems ASRC Federal Professional Services Thrifty Payless (Rite Aid) The Bartell Drug Company (Rite Aid) Rite Aid Corporation Saks Global ActivCare Living Metalco USA International Republican Institute Technoprobe America Blue Cross of Idaho Oxbo International Corporation Primo Brands Chik-fil-A US Arconic Goodwill of the San Francisco Bay CVS Health Corporation Pacific Biosciences of California Right At School McDonald's Restaurant of California Legoland California Resort UPS First Student CYH Manhattan (The Stewart Hotel) Winnebago Industries Kinkisharyo International TEKsystems Graphic Solutions Corsicana Mattress Company Pixelle Specialty Solutions Walmart Jones Lang LaSalle Virtex Enterprises Quickway Transportation Case Paper Co. Davis Express Mental Health Association of New York City (Vibrant Emotional Health) MemorialCare Long Beach Medical Center and Women's Hospital Long Beach Illumina Bronco Wine Company, Bivio Transport and Logistics Company Barrel Ten Quarter Circle INOAC Exterior Systems GMRI (Eddie V's) Morgan Stanley 23andMe SSP America MV Transportation Chevron USA Aramark TC&Js Enterprises, franchise operator of Chick-fil-A Lacroix DRV Cruiser RV Heartland Recreational Vehicles RTX Battelle Fresenius Medical Care Metropolitan Animal Specialty Hospital Cayuga Home for Children (Cayuga Centers) Interstate Hotels (The Roosevelt Hotel) Cherokee Nation Management & Consulting Plug Power AMT Medical (Velocity medtech) Amerant Mortgage YMCA of San Diego B&P Plastics (Advance Plastic) JP Morgan Chase Raytheon Technologies Hy-Vee Fresh Commissary Hy-Vee Chariton Shortcuts Facility Portland Facility Tenneco Lutheran Services in Iowa Feller's CJ Logistics America Centene Management Company The Model Z Modular Adient Novartis Pharmaceuticals Accelerate360 Distribution Thermo Fisher Cardinal NetApp Kaiser Permanente Arvinas Van's Corporate Headquarters Enterprise for Progress in the Community (EPIC) Child Care Associates Sodexo Oracle America The GEO Group Downtown College Preparatory Federal Express Corporation (BTRA Facility) Smurfikt Westrock Facility (Texas) Urban Alchemy tkMomentum Ford, Walker, Haggerty & Behar, LLP St. Vincent's School for Boys Community Action Marin NGM Biopharmaceuticals Pride Industries Elijah House Foundation Center Point Aramark Campus, LLC at the University of Rochester Northern Air Cargo Forte Openings Solutions Chiloquin Facility Sky Zone ERMC Aviation Services Leidos Holdings Dana PULAU Corporation T. Marzetti Cano Health Center for Family & Child Enrichment Building Robotics SSC Services for Education (Muncie Community Schools) Tampa Sportservice TransitAmerica Services Lignetics (Cascade Locks Facility) The Coca-Cola Company CoStar Realty Information Navajo Incorporated, Portland Facility Brinks Bunzl Distribution USA ASM Global Durhan School Services-Wichita Falls Broadway Services BH Security (Brinks Home) Orchid Orthopedic Solutions What People Are Saying James Hohman, director of fiscal policy at the Mackinac Center for Public Policy, told Newsweek: "In America now, the machinists and pharmacists earn twice what machinists do. There are twice as many drivers as metal workers, and driving pays more. Service industries in general pay more than manufacturing in America right now. "The United States has been getting richer; the rich are getting richer, and the poor are getting richer. The United States has more households who are earning more over the past generation; globalization is a part of that." HR consultant Bryan Driscoll previously told Newsweek: "Workers should brace themselves, yes, not because they're underperforming, but because employers are still addicted to short-term balance sheet optics. We're watching health insurers and government agencies slash jobs while claiming they're realigning or restructuring. That's just code for cutting people to cut costs." Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, previously told Newsweek: "It's a tale of two different kinds of layoffs. Federal government entities like the Department of Health and Human Services are going through a dramatic restructuring following the arrival of a new administration, meaning some positions will either be eliminated or combined with other roles for efficiency standards. "At the same time, we're also seeing health insurers scaling back their workforces. Rising medical expenses paired with those who are insured utilizing their coverage more frequently have some insurers cutting jobs to free up cash in the face of lower revenues." What Happens Next Driscoll said companies will continue to cut jobs as a way to prioritize profits, and now the U.S. government has also gotten on board. President Donald Trump announced on May 25 that he would delay imposing planned 50 percent tariffs on trade with the European Union from June 1 to July 9, following a request from European Commission President Ursula von der Leyen.
Yahoo
23-05-2025
- Business
- Yahoo
Major defense, aerospace contractor makes cuts at Andover facility
ANDOVER — Lockheed Martin plans to lay off 64 employees at its Dascomb Road facility in July. The global security, defense and aerospace contractor filed a Worker Adjustment and Retraining Notification Act (WARN) notice on May 6. The layoffs take effect July 5. The reduction of employees impacts less than 1% of the company's workforce. Lockheed Martin has 121,000 employees and 350 facilities worldwide. Lockheed Martin's primary clients are the U.S. Department of Defense and U.S. federal government agencies. The company's main focuses are in defense, space, intelligence, homeland security and information technology, its 2024 annual report stated. The Maryland-based company opened its Andover location, 160 Dascomb Road, as part of its clean energy division in 2020. The scientists there advanced its GridStar Flow program and worked on the science behind long-duration energy storage, according to its website. The integrated facility in Andover incorporated labs, production and program management. 'As part of an annual business review and after careful consideration, Lockheed Martin has made the difficult decision to adjust the workforce at the Andover, Massachusetts, facility, responsible for the GridStar Flow Battery project,' Lockheed Martin said in a statement. 'We remain committed to delivering critical defense capabilities while also driving innovation, efficiency and affordability for all of our customers.'
Yahoo
13-05-2025
- Business
- Yahoo
Major weapons manufacturer to lay off over 60 Mass. employees this summer
Lockheed Martin will lay off 64 employees from its Andover facility this summer, per a Worker Adjustment and Retraining Notification Act (WARN) notice. The WARN report for the week of May 9 states that the layoffs will take effect no later than July 5. According to a report from Boston Business Journal, the layoffs will primarily impact team members in engineering and product operations and quality. A representative for the Maryland-based weapons and aerospace manufacturer told the journal that the decision was 'part of an annual business review,' but did not elaborate on the reasons behind the cuts. The Andover facility on Dascomb Road is one of Lockheed Martin's Missiles and Fire Control locations. According to the company's website, the building is the 'official home and single site' for developing, testing, and producing the company's GridStar Flow Battery project. Of the 10 Missiles and Fire Control locations listed on the company's website, only two are in Massachusetts. The second location, in Chelmsford, employs 350 people and was not mentioned in the WARN report. The news marks another round of major layoffs impacting Andover workers this summer; the Wilmington-based company Symbotic LLC will also lay off 400 employees from its Andover facility by the end of June. Longtime scouting exec leaves Patriots organization Springfield protests loss of $20M federal grant to protect environment Ethics Commission accuses retired MBTA manager of violating conflict of interest law 'Such a stain': Here's what pushed a major Trump loyalist to break with him Trump's 'big beautiful bill?' Not so much, Mass. pols say, as GOP rolls it out Read the original article on MassLive.
Yahoo
12-05-2025
- Business
- Yahoo
Dozens of U.S. Companies Announce Layoffs in May Amid Economic Pressures
Mass layoffs are rippling across industries this May, as nearly 130 companies notify employees of impending job cuts, according to new data compiled from Under the federal Worker Adjustment and Retraining Notification Act (WARN), businesses must alert employees and government officials ahead of mass layoffs. These notices offer early insight into shifting economic tides, and May's data shows widespread turbulence. Companies cutting jobs this month span a broad range of sectors, from household names like Amazon, Starbucks, and FedEx to tech, healthcare, education, and retail. In some cases, firms cite cost-cutting amid inflation and lower demand. In others, layoffs appear to be tied more to profit protection than necessity, Newsweek reported. Among those announcing cuts: FedEx Macy's JP Morgan Chase Mattel Chewy Wells Fargo The Cheesecake Factory Southern California Edison Starbucks American Medical Response Even large educational and non-profit institutions like Johns Hopkins University, Catholic Charities of Orange, and the American Bar Association are trimming number of layoffs per employer ranges from a handful to hundreds, and no region appears untouched. While some companies are still navigating post-pandemic restructuring, others are reacting to persistent inflation, rising labor costs, and shifting consumer layoffs also come as job openings decline, wage growth slows, and uncertainty lingers over interest rate policy. For many workers, job security is starting to feel less certain again, despite a still-low national unemployment rate. Whether this wave marks the start of a deeper employment correction or a short-term recalibration remains to be seen. For now, thousands of workers across the U.S. are bracing for difficult transitions this month. 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
07-05-2025
- Business
- Miami Herald
Formerly bankrupt restaurant chain menu reveals latest addition
Business Formerly bankrupt restaurant chain menu reveals latest addition With so many chain restaurants closing locations nationwide, it can seem almost impossible to kick-start a struggling business, especially in an uncertain economy and at the beginning of a trade war. However, businesses that obtain their products from local vendors might benefit from this tumultuous time, since they don't depend on foreign goods as much as their competitors. Don't miss the move: Subscribe to TheStreet's free daily newsletter Many business owners would find it nearly impossible to make a comeback after significant setbacks. However, this formerly bankrupt business defied all odds, this time under different leadership. Related: Formerly bankrupt restaurant chain returns perk customers love Foxtrot and Dom's Kitchen & Market joined forces in November 2023 to form Outfox Hospitality. This merger aimed to develop multiple stores featuring both the classic convenience store and a neighborhood café, spanning major cities in the U.S., including urban areas of Chicago, Texas, and Washington, D.C. However, this business venture wouldn't get to enjoy the fruits of its labor for very long because it was forced to file for Chapter 7 bankruptcy only five months later to pay off its mounting debt. Foxtrot Café & Market reopens multiple locations after bankruptcy. Image source:Former Outfox employees retaliate after the sudden layoffs The shocking bankruptcy filing left around 100 corporate and 1,000 service employees jobless without prior warning, as Outfox failed to inform them of the closures beforehand. As the proverb says, "Hell hath no fury like a woman scorned." But in this case, no one was angrier than Outfox's former employees. The workers filed a class-action lawsuit against the company in April last year for violating the Worker Adjustment and Retraining Notification Act (WARN), which requires companies to give employees 60 days' notice before planned closures or mass layoffs. Related: Popular bankrupt restaurant chain reopens first store However, this would become an ongoing legal battle, causing a series of other lawsuits in hopes of receiving restitution from the sudden job losses. The Illinois Department of Labor (IDOL) filed three separate federal bankruptcy claims against Outfox Hospitality last October over the WARN law violations, and another two months later. Foxtrot makes a major comeback with the reopening of multiple locations Despite its hiccups along the way, Foxtrot began reopening stores in the Chicago area under the name Foxtrot Café & Market in September of last year, no longer affiliated with Outfox Hospitality and without its previous partner, Dom's Kitchen & Market. The chain now has six fully reopened Chicago locations, which have been incredibly successful in the community. Because of this victorious return, Foxtrot decided to expand to another state. After much pleading from loyal fans, it reopened its first Dallas location this January and, less than a month later, reopened a second location in University Park, the home of Southern Methodist University (SMU). Foxtrot partnered with local businesses to resell their products and created new menus for each state, featuring beverages and food with regional flavors to differentiate its locations and tailor offerings to local consumers. It also launched a merchandise collection for fans, including hats, sweatshirts, and bottle designs, which can be ordered through its app. It even created SMU merchandise for its University Park location. More Retail News: The chain's business moves have proven successful. It has now reopened eight locations in record time. To keep the momentum going, it finally revealed a new addition it had been teasing for weeks. Foxtrot unveiled Shroomies, its new name-brand treat with a handmade logo. These sweet-and-sour gummy mixes come in multiple fun shapes and vibrant colors and can be purchased at all locations. Customers can win free gummies for a whole year if they find a special ticket inside their bag. The bags also contain 20 bonus tickets with $50 in gummy credit for the lucky winners. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc. This story was originally published May 6, 2025 at 8:33 PM.
