A massive US company now announces layoffs in 5 states as the delivery giant continues to adjust to volume declines.
UPS will soon shrink its package sorting operations and lay off employees at major facilities such in New York, Rhode Island and Virginia, reports Supply Chain Dive.
The night sortation shift at UPS’ Mechanicsville, Virginia, facility will close this Saturday, spokesperson Jim Mayer said in an email.
Additionally, the day sort at the company’s Warwick, Rhode Island, facility will close April 2 and its Maspeth, New York, night sort will shutter May 10.
“We often evaluate our operations and flex our network to meet volume demands,” Mayer said.
“This allows us to continue delivering industry-leading service while also maintaining competitive prices.”
Mayer did not say how many employees would be laid off as a result of the moves, but Worker Adjustment and Retraining Notification (WARN) Act posts say the Warwick closure will impact 130 employees, and the Maspeth closure will affect 66 workers.
“Our employees are extremely important to us, and we understand the impact this may have on their families,” Mayer said.
“We will work with those who may be impacted throughout the process to provide support.”
The looming closures add to sortation shift cuts UPS is making at facilities in Connecticut, Maryland, Oregon, Kentucky and Indiana to adjust its network capacity for soft demand.
Several of the cuts focus on day sortation shifts.
UPS has often increased or decreased its day sort activity depending on its capacity needs, as it’s less reliant on these sorts for time-critical deliveries, said Jeremy Tancredi, a partner in West Monroe’s Operations Excellence practice and a former UPS industrial engineer, in an interview.
In the event of a day sort closure, the volume can be handled during other shifts, he added.
For more news and updates like this, opt-in for push notifications.
Also Read: Another Popular Restaurant Now Declares An Unexpected Bankruptcy
Other Economy News Today
This massive mall retailer is now closing in California as the former retail titan continues to shrink its footprint nationwide.
A JCPenny in Ukiah, California, located in the north of the state will lose one of its only department stores, reports The-Sun.
The North Orchard Ave location is listed as available for lease, according to The Ukiah Daily Journal.
JCPenney has closed dozens of locations since going bankrupt in 2020 and continues to shutter its remaining stores nationwide.
It has planned at least six shutdowns so far this year.
Customers learned about the latest JCPenny closure thanks to signs on the store windows.
“Store closing, this location only,” a sign pictured by the local paper showed.
The U.S. Sun confirmed the location will shut on Sunday, May 26.
The store will offer liquidation sales of up to 50% off in advance of the shutdown.
Closing down will leave Ukiah residents with few department store options.
The only major department store remaining in the city is a nearby Kohl’s.
The next closest JCPenney is about an hour’s drive to the south, in Santa Rosa.
Without the Ukiah store, loyal Northern California shoppers are left with only a few remaining locations, reports The-Sun.
JCPenney recently announced several other closures.
In Waterford, Connecticut, the chain will shut down a store by May 25.
In Hermitage, Pennsylvania, near the Ohio border, another branch is set to close on May 5.
That’s the second blow for the area’s shoppers, as a nearby JCPenney in Youngstown, Ohio will close in March.
Two more locations, in New York and Indiana, are also set to shut.
It’s not all bad news for the chain, however.
A location is relocating in New Jersey, adding an “anchor” store to an area mall.
For more news and updates like this, opt-in for push notifications.
Also Read: Another Mall Clothing Retailer Now At High Risk of 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.
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.
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.
Recommended For You ✨
About The Author
Leave your thoughts below.
For more news and updates like this, opt-in for push notifications.