A New Ripple of Unexpected Layoffs Now Hits Wisconsin

A new ripple of unexpected layoffs now hits Wisconsin as more businesses file WARN notices advising of upcoming job cuts.

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.

This week, the following four new businesses filed layoff notices with the Wisconsin Department of Workforce Development.

  • Walmart is closing a facility in Milwaukee, leading to 105 staff losing their positions on July 26
  • JELD-WEN Inc. is closing a location in Hawkins. 338 staff will be laid off on June 10.
  • Staff Management Solutions is letting go of 87 staff in Sheboygan Falls next week.
  • Sientra is also closing a facility in Milwaukee in June, leading to 126 employees being laid off.
Layoffs in Wisconsin 2024.
Layoffs in Wisconsin 2024.

So far in 2024, there has been approximately 3,401 employee layoffs in Wisconsin across 41 businesses, per the latest WARN data.

Other businesses laying off in Wisconsin this year include:

  • Conagra Brands. 252 job cuts by 6/10.
  • Volta Charging Industries. 1 job cut by 5/31.
  • Concordia University, Inc. 24 job cuts by 5/31.
  • Interflight Parking, LLC. 53 job cuts by 5/31.
  • Lakeside Book Company. 339 job cuts by 6/7.
  • Del Monte Foods, Inc. 90 job cuts by 4/26.

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Also Read: A Massive Grocery Chain With 400 Stores Is Now Closing

Other Economy News Today

Market News Today - A New Ripple of Unexpected Layoffs Now Hits Wisconsin.
Market News Today – A New Ripple of Unexpected Layoffs Now Hits Wisconsin.

A massive shoe retailer now announces a new wave of layoffs to hit headquarters this summer, affecting over 700 employees.

Nike has announced its ‘second phase’ of mass layoffs, effective June 28, according to a Worker Adjustment and Retraining Notification (WARN) filing.

A total of 740 employees will be impacted in the retailer’s home state.

The layoffs are part of the 2% workforce reduction Nike announced in February, which is taking place across two phases, the company confirmed via email.

Nike said job titles and the number of employees in each category would be provided at a later date, once the company has determined them.

Bumping rights are not available for the impacted employees, reports Retail Dive.

“Nike’s always at our best when we’re on the offense. The actions that we’re taking put us in the position to right-size our organization to get after our biggest growth opportunities as interest in sport, health and wellness have never been stronger,” Nike said in a statement.

“While these changes will impact approximately 2% of our total workforce, we are grateful for the contributions made by all Nike teammates.”

The layoffs are tied to a cost-savings plan Nike unveiled in December, which is aimed at generating up to $2 billion in cumulative savings over three years.

Based on the company’s last annual report, the layoffs to 2% of its total workforce will impact more than 1,600 people.

Savings from the plan are set to be reinvested in driving growth, innovation and profitability.

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Also Read: A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy

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Market News Today - A New Ripple of Unexpected Layoffs Now Hits Wisconsin.
Market News Today – A New Ripple of Unexpected Layoffs Now Hits Wisconsin.

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