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Home/Banking News/A Giant Company Now Announces Unexpected Layoffs in Washington
Market News Today - A Giant Company Now Announces Unexpected Layoffs in Washington

A Giant Company Now Announces Unexpected Layoffs in Washington

By Frank Nez
March 29, 2024
2

A giant company now announces unexpected layoffs in Washington as more businesses continue to advise of upcoming job cuts.

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.

These must be filed with the Washington Employment Security Department.

TEKSystems is the latest company in Washington to file a notice advising that a total of 86 staff in their Redmond office will be laid off on May 25.

Layoffs in Washington 2024.

So far for 2024, there has been approximately 6,593 layoffs in Washington across 26 businesses according to the latest WARN data.

Below is a list of other businesses laying off in Washington this year:

  • Bornstein. 72 job cuts by 6/19.
  • BowFlex Inc. 202 job cuts by 4/19.
  • Jabil. 120 job cuts by 5/3.
  • Expedia. 208 job cuts by 5/1.
  • Del Monte Foods, Inc. 127 job cuts by 4/26.
  • Output Services Group, Inc. 76 job cuts by 4/19.
  • BAE Systems. 54 job cuts by 4/17.
  • Roy Farms, SPC. 129 job cuts by 4/15.
  • Skagit Horticulture, LLC. 169 job cuts by 4/7.
  • RaterLabs. 3,657 job cuts by 4/6.
  • Penske Logistics. 125 job cuts by 3/31.
  • Thermoforming Systems, LLC. 66 job cuts by 3/31.

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Also Read: A Healthcare Service Company Now Announces Unexpected Layoffs

Other Economy News Today

Market News Today - A Giant Company Now Announces Unexpected Layoffs in Washington.
Market News Today – A Giant Company Now Announces Unexpected Layoffs in Washington.

A popular restaurant now makes an unexpected closure after 30 years, leaving customers in the dark about its decision.

Many in the area know of McCormick & Schmick’s, which started in 1979 thanks to Bill McCormick and Doug Schmick, per its website.

The pair partnered up after McCormick had purchased Jake’s Famous Crawfish restaurant, a century-old landmark in the city.

From there they spread out and opened their first restaurant under the McCormick and Schmick’s name, which closed down after the economic crisis from 2007 to 2009.

Now, the last remaining location in Portland from the seafood chain is closing permanently after Easter Sunday, according to information sources provided to Willamette Week.

It’s known as McCormick & Schmick’s Riverside and was the second location opened after the original in the 1970s.

The publication contacted the public relations firm behind the brand but did not hear back about a reason for the closure.

After going public and selling shares in 2004, over 100 locations were opened under the brand name.

In 2012, the seafood chain was bought by billionaire and Landry’s Incorporated owner Tilman J. Fertitta.

Only one location for McCormick & Schmick’s remains in Tigard, about 10 miles southwest of downtown Portland.

Portland’s West End also still holds a Jake’s Famous Crawfish.

Given that McCormick & Schmick’s is a staple for the city, customers are likely saddened by the news.

The Coronavirus pandemic notably affected thousands of small businesses and restaurants across the United States, and Portland was hit hard, reports The-Sun.

Major retailers have also fled the area since last year.

Over 25 stores and restaurants from brands like Target, Walmart, Nike, REI, Cracker Barrel, and Starbucks have shut down permanently, per Portland NBC affiliate KGW.

Several cited crime rates as the reason behind the closures.

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Also Read: A Massive Chain with 6,805 Locations Now Begins To Close

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Market News Today - A Giant Company Now Announces Unexpected Layoffs in Washington.
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Market News Today - Popular Restaurant Now Makes An Unexpected Closure After 30 Years
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Popular Restaurant Now Makes An Unexpected Closure After 30 Years

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Massive Retailer Is Now Closing A Major Location in Maryland

2 Comments
  1. Frank Nez says:
    March 29, 2024 at 11:04 pm

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  2. Frank Nez says:
    March 29, 2024 at 11:04 pm

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