Ohio Now Sees A Surge in Upcoming Layoffs This Year

October 6, 2023

Ohio is now seeing a surge in upcoming layoffs this year according data from the Ohio Department of Job and Family Services.

“September saw several more businesses announce layoffs in Ohio, adding to the growing of job cuts announced in 2023.

Under the Worker Adjustment and Retraining Notification Act, an employer with more than 100 full-time workers must provide a 60-day notice before laying off 50 or more people at a single site,” reports Ash Jurberg.

California remains the #1 state with the most layoffs in the country.

In second place is Colorado, with approximately 26,962 layoffs and 84 WARN notices, followed by Illinois, Washington, New York, Texas, New Jersey, Florida, Michigan, and Massachusetts.

Layoffs in Ohio Map 2023 - Franknez.com. — Layoffs in Ohio Map 2023 – Franknez.com.

Ohio has had 5,031 employee layoffs with 57 total WARN notices in 2023.

Below are the businesses that filed a WARN act with the Ohio Department of Job and Family Services advising of upcoming layoffs this year.

Also Read: A US Company Now Declares An Unexpected Bankruptcy

Upcoming Layoffs in Ohio 2023

Below is a list of companies that have announced they will be cutting jobs in Ohio this year.

ExpressPoint Technology Services. Grove City, 65 jobs cut
Honeywell. Fairfield 66 jobs cut
Republic Steel. Canton 209 jobs cut
Sunbeam Products. Perrysburg 130 jobs cut
Deluxe Corporation. Streetsboro 71 jobs cut
The Mills Company. Marion 65 jobs cut
Federal Express Corporation. Youngstown 79 jobs cut
Webhelp Americas. Mason 176 jobs cut
Angstrom Graphics. Midwest 131 jobs cut
First Student. 49 jobs cut
The Service Companies. Cincinnati 70 jobs cut
Branch Financial. Columbus 55 jobs cut
Heartland Healthcare Services. Toledo 155 jobs cut
Infrastructure Technologies. Cleveland 38 jobs cut
LyondellBasell Advanced Polymer. Akron 64 jobs cut
Crothall Healthcare. Youngstown 88 jobs cut
Multi-Color Corporation. Mason and Norwood 112 jobs cut
Bitwise Industries. Toledo 18 jobs cut
David’s Bridal. Stores closed, and jobs were cut across Ohio.
Forman Mills. Stores closed, and 98 jobs cut
The Service Companies. Cincinnati 70 jobs cut
Branch Financial. Columbus 55 jobs cut
ProMedica. Sylvania 189 jobs cut
American Medical Response. Akron 50 jobs cut
iMFLUX. Hamilton 122 jobs cut
Sherwin-Williams. Bedford Heights 51 jobs cut
Honeywell Intelligrated. West Chester 223 jobs cut
Crothall Healthcare. Youngstown 88 jobs cut
ProMedica. Toledo 6 jobs cut
AmeriMark Middleburg Heights. 223 jobs cut
Toppan Merrill. Grove City 186 jobs cut
Arrowhead Engineered Products. Cincinnati 7
Visible Supply Chain Management. West Chester 37 jobs cut
McLaren WellCare Clinics. Cities 118 jobs cut
Sensience Cincinnati. 42 jobs cut
Pactiv Evergreen. Olmstead Falls 155 jobs cut
Yellow Corporation. Green and West Chester 257 jobs cut
ProMedica Toledo. 105 jobs cut
McLaren St. Luke’s Hospital. Maumee 743 jobs cut
Olive. Columbus 44 jobs cut
Aultman Alliance Community Hospital. Alliance 56 jobs cut
Aultman Hospital. Canton 97 jobs cut
Genpak. Columbus 67 jobs cut

Also Read: A US Bank is Now Denying Customers Access to Money

Other Economy News Today

Wells Fargo is now scheduled to close 100 branches this year according to records from the Office of the Comptroller of the Currency (OCC).

A spokesperson for the bank told DailyMail that although branches in many regions are closing, a smaller number are opening in a handful of successful markets.

“While the total number of branches continues to decline, new branches are being opened in high growth neighborhoods of existing markets, allowing us to offer more branch convenience,” they wrote.

“We may also open new branches where we combine two older existing branches into one better situated location.

Additionally, customers use our wide range of digital capabilities for many of their banking needs and, as a result, more transactions are happening outside the branch,” they added.

Wells Fargo executives said the move to shutter the branch locations reflects a surging use of online banking and a diminishing need for brick-and-mortar stores, per The-Sun.

“Customers use our wide range of digital capabilities for many of their banking needs and, as a result, more transactions are happening outside the branch,” a spokesperson for Wells Fargo told the Albuquerque Journal.

“As customer preferences and transaction patterns change, so will our branches and the experiences customers have in them.”

In August, Daily Mail reported that Wells Fargo had filed to close 37 branches nationwide as online competition swept new customers.

7 Wells Fargo branches are currently scheduled to shutter in California for the month of October.

But Wells Fargo isn’t the only bank closing several of its branches.

In fact, JPMorgan Chase has closed the most branches with many more scheduled to shutter by year’s end.

Also Read: Wells Fargo is Now Freezing Bank Accounts in New Scandal

Market News Published Daily 📰

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors. This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

You can also follow me on Twitter, Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.

More Market News 📰

Become a Sponsor for only $1/mo.

Gain access to EXCLUSIVE FrankNez articles you won’t find here.
Become part of a private and safe Discord community, just for retail investors.
Get drawn at the end of the year for holiday giveaways.

Become a Sponsor Today!