Skip to content
Subscribe to our newsletter for blogs on-the-go. Subscribe Now!
FrankNez About FrankNez FrankNez

Financial News & Journalism

FrankNez About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
    • Retail Investors
    • Hedge Funds
    • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
    • Retail Investors
    • Hedge Funds
    • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez About FrankNez FrankNez

Financial News & Journalism

FrankNez About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
    • Retail Investors
    • Hedge Funds
    • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
    • Retail Investors
    • Hedge Funds
    • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
News Flash
Stop & Shop Store Closures
A Massive Grocery Chain Is Now Closing Stores
52-year-old restaurant Beefeater will close all locations
International Restaurant Beefeater Will Now Close All Locations
Home Depot Rival closes store after 87 years in business
A Home Depot Rival Closes After 87 Years in Business
JCPenney Ridgmar Mall Closure
Massive Mall Retailer Confirms Closure of Another Location
Magellan Aerospace files chapter 11 bankruptcy
An Aerospace Manufacturer Now Files Unexpected Chapter 11 Bankruptcy
Former Employees of Massive Bank Now Sentenced to Prison
Former Employees of a Massive Bank Now Sentenced to Prison
Will AMC Stock go up?
3 New Signs AMC Stock Will Continue to Skyrocket
Layoffs in California Now Plunge Compared to 2025 (New Report)
Layoffs in California Now Plunge Compared to 2025 (New Report)
Home/Banking News/A New List of Massive Layoffs in Florida Now Emerges
Market News Today - A New List of Massive Layoffs in Florida Now Emerges

A New List of Massive Layoffs in Florida Now Emerges

By Frank Nez
December 19, 2023
2

A new list of massive layoffs in Florida now emerges according to the latest WARN data advising of upcoming job cuts.

Monterey Mushrooms is one of the latest companies to advise of upcoming layoffs in Florida.

The company has filed a WARN notice advising they will let go of 214 employees in Zellwood by January 13, 2024.

But Monterey Mushrooms isn’t the only company who has recently advised of upcoming job cuts in Florida for the new year.

Below is an updated list of businesses who have filed WARN notices in Florida advising of several layoffs in the state soon:

  • Monterey Mushrooms. 214 job cuts by 1/13/2024.
  • Baker Hughes. 183 job cuts by 1/08/2024.
  • Jacobs Technology Inc. 173 job cuts by 1/01/2024.
  • HMSHost. 166 job cuts by 1/28/2024.
  • InteLogix. 102 job cuts by 1/31/2024.

So far in 2023, there has been approximately 9,791 layoffs in Florida across 197 businesses according to the latest WARN data.

Layoffs in Florida.
Layoffs in Florida.

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

In second place is New York followed by Texas, Washington, New Jersey, Florida, Michigan, and Georgia.

Florida is also currently facing unexpected bank closures according to the latest reports from the Office of the Comptroller of the Currency.

A total of seven new bank branches have been added to the list of upcoming closures in Florida this week:

  • Wells Fargo. 2090 NW 107th Ave, Miami
  • Wells Fargo. 1090 Highway A1A, Satellite Beach
  • Bank of America. 4300 North Atlantic Ave, Cocoa Beach
  • Bank of America. 1900 South Ridgewood Ave, Edgewater
  • Bank of America. 4395 S. Suncoast Blvd, Homosassa
  • Bank of America. 15141 SW 42nd St, Miami-Dade
  • JP Morgan. 1319 State Rd 7, North Lauderdale

Between 2017 and 2021, nine percent of all branches — almost 7,000 locations— shut their doors.

Florida had the fourth most closures of any state as banks continue to push customers to digital banking.

Also Read: Massive Layoffs in California Now Underway Prior to Holidays

Other Economy News Today

Market News Today - A New List of Massive Layoffs in Florida Now Emerges.
Market News Today – A New List of Massive Layoffs in Florida Now Emerges.

A bankrupt retailer is now costing customers big money after being unable to fulfill several processed orders.

SmileDirectClub apologized to patients after announcing the closure was effective immediately earlier this month.

The company offered vague answers to existing customers about the future of their treatment.

“Unfortunately aligner treatment is no longer available through the SmileDirectClub platform.

All orders that have not yet shipped have been canceled at this time, and you will not receive your aligners,” the company wrote in a statement.

“If you wish to continue treatment outside of our platform, please consult your treating doctor or your local dentist with any questions around future aligner treatment.”

Despite no longer offering service, SmileDirectClub said that SmilePay customers are expected to continue making monthly payments until their plan is paid off.

Ouch!

The company added that information about refund requests will arrive “once the bankruptcy process determines next steps and additional measures customers can take.”

SmileDirectClub was in business for nearly 10 years, providing direct-to-consumer dental products, including aligners that were sold as an alternative to traditional braces.

The company’s telehealth aspect made it a fierce rival to traditional dentistry tools like Invisalign.

However, the dental company was close to $850 million in long-term debt, according to a report from Yahoo! Finance.

After the initial bankruptcy filing, the founders of the company pledged $20 million to recapitalize the business.

The brand has reportedly been un-profitable since September 2019, per the Dental Tribune.

SmileDirectClub also received heavy criticism from dentists and orthodontists since it was founded by Alex Fenkell and Jordan Katzman in 2014, per The New York Times.

The brand fought back by suing some critics before receiving more backlash from customers who accused the brand of violating Food and Drug Administration regulations and creating false advertising with its mail-in teeth molds.

Then in 2022, The District of Columbia Attorney General’s office sued SmileDirectClub for allegedly blocking customers from filing complaints involving claims of harm from the brand’s products.

A settlement was reached in the case, resulting in the company being forced to pay $500,000 to the district and release around 17,000 customers from agreements.

SmileDirectClub denied any wrongdoing.

Also Read: A US Company Now Declares An Unexpected Bankruptcy

Market News Published Daily 📰

Market News Today - A New List of Massive Layoffs in Florida Now Emerges.
Market News Today – A New List of Massive Layoffs in Florida Now Emerges.

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.

Scroll below to view my stock purchases this month!

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

More Market News 📰

Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.

View Stock Portfolio

Recommended For You ✨

  • SNAP Benefits Will Now Increase For The Year 2024
  • A US Bank is Now Denying Customers Access to Money
  • California Now Has Massive Departures As Hundreds of Thousands Leave
  • The US Treasury Direct is Now Freezing Customer Accounts
  • A Massive US Bank is Now Closing Credit Cards
  • Florida Now Has Massive Departures As Hundreds of Thousands Leave


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news blog, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - Bank Now Takes A Year to Reimburse Customer Missing Money
Previous

Bank Now Takes A Year to Reimburse Customer Missing Money

Market News Today - A Massive Retailer Is Now Closing in New York
Next

A Massive Retailer Is Now Closing in New York

2 Comments
  1. Frank Nez says:
    December 19, 2023 at 11:34 pm

    Leave your thoughts below.

    Reply
  2. Frank Nez says:
    December 19, 2023 at 11:34 pm

    For more news and updates like this, opt-in for push notifications.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

NEW POSTS

  • Stop & Shop Store Closures
    A Massive Grocery Chain Is Now Closing Stores
  • 52-year-old restaurant Beefeater will close all locations
    International Restaurant Beefeater Will Now Close All Locations
  • Home Depot Rival closes store after 87 years in business
    A Home Depot Rival Closes After 87 Years in Business
  • JCPenney Ridgmar Mall Closure
    Massive Mall Retailer Confirms Closure of Another Location
  • Magellan Aerospace files chapter 11 bankruptcy
    An Aerospace Manufacturer Now Files Unexpected Chapter 11 Bankruptcy
Unlock your personal brand ebook

Trending Market News 📈

Market Manipulation News - Andrew Left

Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”

Frank Nez
By Frank Nez
June 8, 2026
Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025
Cramer Now Speaks on AMC Amid Bullish Bet on IMAX

Cramer Now Speaks on AMC Amid Bullish IMAX Bet

Frank Nez
By Frank Nez
July 21, 2025
AMC Now Soars 11%, Is A Short Squeeze Imminent?

AMC Now Soars 11%, Is A Short Squeeze Imminent?

Frank Nez
By Frank Nez
July 11, 2025
Economists Now Say Prices Will Continue To Rise, "This Is Just The Beginning"

Economists Now Say Prices Will Continue To Rise, “This Is Just The Beginning”

Frank Nez
By Frank Nez
July 11, 2025
Hedge Funds Are Now Throwing Each Other Under The Bus

Hedge Funds Are Now Throwing Each Other Under The Bus

Frank Nez
By Frank Nez
July 8, 2025
News - GameStop Short Seller Now Looks To Sway Criminal Charges

GameStop Short Seller Now Looks To Sway Criminal Charges

Frank Nez
By Frank Nez
July 8, 2025
World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

Financial Desk Team
By Financial Desk Team
July 6, 2025
News - S&P Report: The US Dollar Is Primed To Weaken Further

S&P Report: The US Dollar Is Primed To Weaken Further

Frank Nez
By Frank Nez
July 4, 2025

About

FrankNez is a financial news blog founded by American Journalist Frank Nez.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • A Massive Grocery Chain Is Now Closing Stores
  • International Restaurant Beefeater Will Now Close All Locations
  • A Home Depot Rival Closes After 87 Years in Business
  • Massive Mall Retailer Confirms Closure of Another Location
  • An Aerospace Manufacturer Now Files Unexpected Chapter 11 Bankruptcy

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.