Massive layoffs in Arizona have now claimed the jobs of thousands as more businesses file WARN acts.
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.
“Transdev filed a WARN act on Friday with the Arizona Department of Economic Security advising of 829 layoffs.
They also filed a WARN notice advising of 135 layoffs in Phoenix in May,” reports Ash Jurberg.
“Transdev is the latest in a growing list of companies to file WARN notices in Arizona.
So far, in 2023, sixty-five companies have announced they will be cutting jobs in Arizona, including General Motors, CVS Health, and UPS.”
California remains the #1 state with the most layoffs in the country.
In second place is Colorado, followed by Illinois, Texas, Washington, New York, New Jersey, Florida, Michigan, and Georgia.
Below are the businesses that filed a WARN act of upcoming layoffs in Arizona this year.
Also Read: A US Company Now Declares An Unexpected Bankruptcy
Upcoming Layoffs in Arizona 2023
Below is a list of companies that have announced they will be cutting jobs in Arizona this year.
- LECLERC Foods. 93 job cuts.
- Transdev Services. 829 job cuts.
- Mobile Health. 93 job cuts.
- First Savings Bank. 3 job cuts.
- Bank of the West (BMO). 112 job cuts.
- Shaw Industries Group. 250 job cuts.
- TD Synnex. 71 job cuts.
- Thriveworks Administration Services, LLC. 78 job cuts.
- OnPoint Laboratories. 5 job cuts.
- Divvy Homes. 2 job cuts.
- Dole Fresh Vegetables Inc. 64 job cuts.
Also Read: A US Company Now Declares An Unexpected Bankruptcy
Other Economy News Today
A massive retailer is now making an unexpected comeback as it relaunches for the month of October.
Sears, which has closed most of its U.S. retail stores, is making a major full-time comeback in Burbank, per new reports.
“According to an October 18th report from CoStar.com, the once-mighty retail force is arising at the Burbank Town Center,” says Joel Eisenberg.
“The location, at 111 E. Magnolia Blvd., is a three-story longtime Sears that closed in December 2022 but hinted at reopening earlier this year.
The Burbank reopening comes as other big-box retailers plot a comeback, though they face stiff competition from both online and brick-and-mortar sellers.
Gabe Kadosh, a retail property broker and vice president of Colliers said, “I could see this being as a test to reopen in other markets with this type of store.”
“If merchandised correctly, it could do well.”
Sears, Roebuck and Co. commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago.
In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings.
Through the 1980s, Sears was the largest retailer in the United States. After several years of declining sales, Sears’s parent company filed for Chapter 11 bankruptcy on October 15, 2018.
As of June 21, 2023, there are 11 total Sears stores remaining, with 10 in the mainland US and one location in the US territory of Puerto Rico.
Also Read: This Massive Retailer Has Now Survived Chapter 11 Bankruptcy
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.
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.
Recommended For You ✨
About The Author
Roughly 1700 jobs or so for companies taking cost cutting measures. This nowhere near being a “massive layoff” by any stretch of the imagination. I can see political undertones in this article.
Nothing political was mentioned, just data, friend.
When it comes down to FAILURE, progressive democrats do it best.
Thank a democrat at the polls
Leave your thoughts below.
Frank, how many of these are already done?