A Massive US Company Now Announces Layoffs in Colorado

A massive US company now announces layoffs in Colorado after terminating more than 3,000 positions in recent years.

Dish Network has announced more layoffs in Colorado with the Colorado Department of Labor and Employment.

It’s important to note that 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.

According to the WARN filing, a total of 156 employees will be laid off on March 8.

In November, it laid off 499 staff despite reporting revenue of $3.7 billion just days prior.

“Like most businesses, we continually evaluate and make adjustments to ensure we’re set up for long-term success.

We made the difficult decision to part ways with some team members due to changing business demands on some teams. Impacted employees will be notified by the end of the week,” said Meredith L. Diers, Dish corporate communications.

Colorado Layoffs.
Colorado Layoffs.

Last year, there were approximately 28,598 layoffs in Colorado across 104 businesses according to the latest WARN data.

However, California remained the #1 state with the most layoffs in the country.

In second place was New York followed by TexasWashington, New Jersey, FloridaMichigan, and then Georgia.

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

Other Economy News Today

Market News Today - A Massive US Company Now Announces Layoffs in Colorado.
Market News Today – A Massive US Company Now Announces Layoffs in Colorado.

A massive chain now shutters stores due to theft and rising threats to its staff according to several retailer news reports.

Walgreens has been forced to close a major location ten days earlier than expected due to the increase in theft.

“Unfortunately, Walgreens on Teutonia and Capitol Dr will be closing sooner than previously scheduled,” Milwaukee’s District 1 Alderwoman Andrea Pratt shared in a post on community networking platform Nextdoor.

The store was originally meant to close on January 15 but instead shut its doors for good on Friday, January 5.

“Employees have been threatened and theft has ramped up, so they have decided to close effective tomorrow for employees’ safety,” Pratt continued.

The location is the third in Milwaukee to close since October.

Older citizens have shared their frustrations as the next closest Walgreens is a 40-minute walk from what once was the Capitol and Teutonia location.

Duane Gordon said he is worried about how he will get his medication.

“Most of us don’t have transportation to get to the Walgreens down on 76th Street and the other ones,” he told local NBC affiliate TMJ4.

“This one is essential. Walgreens, they’re making a bad choice.”

Another frustrated customer, Jessie McAttee, also relied on that Walgreens location for medication.

McAttee said she had been recently diagnosed with glaucoma and cataracts, so she “doesn’t see very well.”

“I come here and get my medicine, my heart medicine, my asthma medicine, so I really don’t know. I got to make plans. I said maybe I should try Pick ‘n Save,” she told TMJ4.

A Walgreens spokesperson told TMJ4 that they take several factors into account before closing a store, such as the local market and consumer behavior.

But Donnie Kelly, a frequent shopper at Walgreens, believed retail theft to be the main factor in the company’s latest location closure.

“People steal every day in Walgreens. They just take stuff and walk out,” he told the outlet.

According to the Milwaukee Police Department’s calls for service statistics, as shared by TMJ4, officers have responded to 59 complaints at this store alone since the start of 2023 for business checks, shoplifting, and thefts.

Also Read: A US Company Now Declares An Unexpected Bankruptcy

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Market News Today - A Massive US Company Now Announces Layoffs in Colorado.
Market News Today – A Massive US Company Now Announces Layoffs in Colorado.

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