A giant company now announces unexpected layoffs in Georgia, affecting nearly 200 employees according to fresh WARN data.
It’s important to note that under the Worker Adjustment and Retraining Notification Act, an employer with more than 100 full-time workers must give 60 days’ notice before laying off 50 or more people at a single site.
Aludyne is closing a facility in Columbus, which will cause 193 employees to be laid off in June.
Aludyne is a leading global, vertically integrated manufacturer of aluminum, magnesium, and iron cast and machined automotive components, providing custom engineering and manufacturing solutions for safety-critical products.
“Leveraging regional production in North America, South America, Europe, and China, we are able to respond quickly and cost-effectively to automakers’ manufacturing needs around the world, offering in-house, full-service solutions,” the company states on its website.
The facility at 1558 Northside Industrial Blvd in Columbus, Georgia is expected to shutter by June 30.
Other businesses laying off in Georgia include:
- Bionano Genomics Inc. 76 job cuts by 5/24.
- SWISSPORT CARGO SERVICES LP. 235 job cuts by 5/22.
- Jindal Films Americas LLC. 98 job cuts by 5/13.
- FedEx. 326 job cuts by 4/8.
- Hollingsworth LLC. 74 job cuts by 3/31.
- CEVA Logistics. 61 job cuts by 4/7.
- 1888 Mills, LLC. 180 job cuts by 3/29.
- Fineline Industries, LLC. 92 job cuts by 4/1.
- Block. 27 job cuts by 3/30.
- Crescent Mortgage Company. 65 job cuts by 3/29.
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Also Read: A Healthcare Service Company Now Announces Unexpected Layoffs
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Other Economy News Today
This massive US company will now close 200 facilities, part of a plan to reduce its labor needs and save $3 billion by 2028.
UPS aims to close around 200 U.S. facilities as it shifts more volume into a growing number of automated package hubs, a top executive said during the logistics giant’s investor and analyst conference Tuesday.
The company is consolidating locations as part of its “Network of the Future” initiative, which aims to reduce UPS’ reliance on manual labor in its package sortation operations and save $3 billion by the end of 2028, said Nando Cesarone, EVP and President U.S.
Additionally, UPS is closing 40 sorts this year — up from 30 in 2023 — and seeks to automate other aspects of its operations, such as dispatching for package cars and feeder trucks moving volume in its network.
“Network of the Future is targeting all activities for automation within our four walls,” Cesarone said.
“These building consolidations and automations yield real savings.
For example, we’ll have fewer feeder runs.
We’ll be able to eliminate both a.m. and p.m. ground and air feeds in many, many locations.”
Examples of UPS’ cost-saving efforts, according to an investor presentation, include consolidating four facilities in Massachusetts, Connecticut and Rhode Island into nearby hubs.
The company also plans to shutter its Chalk Hill facility in Texas and its New York Capital Village Center hub while modernizing nearby facilities to help handle volume growth.
Facility consolidation will lower UPS’ cost to serve customers while improving its volume-per-resource ratio, Cesarone said.
That ratio is calculated as the average daily volume divided by U.S. employees.
The ratio was 51 in 2023, and UPS wants it to increase to about 59 in 2026.
At the same time, UPS will invest in 63 automation projects throughout the country to support projected volume growth in a less labor-intensive manner.
The logistics giant aims to more than triple the number of automated buildings in its network by the end of 2028, growing to 400 facilities, Cesarone said.
The large majority of automation projects will be completed in existing buildings, while 10 will come from newly built locations.
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Also Read: A Massive Discount Retailer Is Now Closing 600 Stores
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