Skip to content
Join our newsletter for news & blogs on-the-go. Subscribe Here!
FrankNez About FrankNez FrankNez

Financial News & Journalism

FrankNez About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez About FrankNez FrankNez

Financial News & Journalism

FrankNez About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
News Flash
Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses
Gen Z And Millennials Are Now Choosing Stocks Over Houses
Major US Bank Is Now Closing 18 Branches This Summer
Major US Bank Is Now Closing 18 Branches This Summer
Stop & Shop Store Closures
A Massive Grocery Chain Is Now Closing Stores
52-year-old restaurant Beefeater will close all locations
International Restaurant Beefeater Will Now Close All Locations
Home Depot Rival closes store after 87 years in business
A Home Depot Rival Closes After 87 Years in Business
JCPenney Ridgmar Mall Closure
Massive Mall Retailer Confirms Closure of Another Location
Magellan Aerospace files chapter 11 bankruptcy
An Aerospace Manufacturer Now Files Unexpected Chapter 11 Bankruptcy
Former Employees of Massive Bank Now Sentenced to Prison
Former Employees of a Massive Bank Now Sentenced to Prison
Home/Banking News/A New Round of Unexpected Layoffs Now Hits Arizona
Market News Today - A New Round of Unexpected Layoffs Now Hits Arizona

A New Round of Unexpected Layoffs Now Hits Arizona

By Frank Nez
December 14, 2023
2

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

The latest business to file a notice is logistics company SPS Ventures, which is laying off 93 employees in its Phoenix office.

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.

In December, a total of four businesses, including SPS Ventures, have advised of upcoming job cuts in Arizona.

The other three are:

  • Square, subsidiary of Block, Inc. 9 job cuts filed on 12/08.
  • TuSimple, Inc. 42 job cuts filed on 12/04.
  • FSC Edge Corporation. 1 job cut filed on 12/1.

Below is a list of businesses that have advised of upcoming layoffs in Arizona this fourth quarter of 2023:

  • Management & Training Corporation (MTC). 86 job cuts filed on 11/27.
  • HMSHost. 68 job cuts filed on 11/24.
  • Cognizant Technology Solutions U.S. Corporation. 88 job cuts filed on 11/9.
  • Erus Energy/Erus Holdings, LLC/Erus Builders, LLC/National Clean Energy, LLC. 58 job cuts filed on 11/7.
  • Bealls Inc. 14 job cuts filed on 11/6.
  • Cygnus Home Service, LLC. 68 job cuts filed on 10/25.
  • La Fonda Restaurant. 20 job cuts filed on 10/23.
  • Transdev Services. 829 job cuts filed on 10/21.
  • Mobile Health dba Alliance Ambulance of Arizona LLC. 156 job cuts filed on 10/05.
  • LECLERC FOODS NUTRITION ARIZONA, LLC. 93 job cuts filed on 10/4.
Layoffs in Arizona 2023.
Layoffs in Arizona 2023.

So far in 2023, there has been approximately 3,526 layoffs in Ohio across 73 businesses according to the latest WARN data.

California remains the #1 state with the most layoffs in the country.

In second place is New York followed by Texas, Washington, New Jersey, Florida, Michigan, and Georgia.

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

Other Economy News Today

Market News Today - A New Round of Unexpected Layoffs Now Hits Arizona.
Market News Today – A New Round of Unexpected Layoffs Now Hits Arizona.

A massive US bank is now closing accounts without warning according to several customer reports.

A Chase customer is currently asking for help as the bank abruptly closed four accounts without notice.

The person described the situation on Reddit where several other customers said they had been through the same exact experience.

On the Chase Bank subreddit, the customer wrote that they had four accounts, all of which were closed “without any notice at all.”

“When I called they refused to give me any information at all. They locked all my accounts and I can’t even transfer my money or withdraw it from an ATM.

“I have no idea what to do. I have so many bills about to be due,” they said.

In the comments, they further explained that they hadn’t recently made any big purchases or tried to cash a check, and in the past, they had only overdrafted the account once.

Another user replied that the same thing had happened to them during the pandemic.

“Worst experience I’ve had with any banks. Ruined my credit, no money to buy food, and almost went homeless,” they wrote.

Two weeks later they were sent a check for the remaining balance.

A third person shared a similar experience and urged the original poster to “don’t bother fighting the customer service or staff” on the decision as they won’t give out extra information.

Two weeks later they were sent a check for the remaining balance.

A third person shared a similar experience and urged the original poster to “don’t bother fighting the customer service or staff” on the decision as they won’t give out extra information.

Someone else added: “They also closed my account and they told me they have the right to close my account, just like I have the right to close my own account.”

The original poster didn’t share an update regarding whether or not they were able to resolve the issue.

Also Read: A US Bank is Now Denying Customers Access to Money

Market News Published Daily 📰

Market News Today - A New Round of Unexpected Layoffs Now Hits Arizona.
Market News Today – A New Round of Unexpected Layoffs Now Hits Arizona.

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.

More Market News 📰

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.

View Stock Portfolio

Recommended For You ✨

  • A Giant Company Now Announces Unexpected Layoffs in Virginia
  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • A Massive US Bank is Now Closing Credit Cards
  • A US Bank is Now Denying Customers Access to Money
  • The US Treasury Direct is Now Freezing Customer Accounts
  • California Now Has Massive Departures As Hundreds of Thousands Leave


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - A Massive US Bank Is Now Closing Accounts Without Warning
Previous

A Massive US Bank Is Now Closing Accounts Without Warning

Market News Today - A New Wave of Unexpected Layoffs Now Hits Texas
Next

A New Wave of Unexpected Layoffs Now Hits Texas

2 Comments
  1. Frank Nez says:
    December 14, 2023 at 12:02 am

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply
  2. Frank Nez says:
    December 14, 2023 at 12:01 am

    Leave your thoughts below.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses
    Gen Z And Millennials Are Now Choosing Stocks Over Houses
  • Our Small Business Just Made $100,000 In Less Than 7 Months
    Our Small Business Just Made $100,000 In Less Than 7 Months
  • Wells Fargo Says It's Closing Another Major Branch
    Wells Fargo Says It’s Closing Another Major Branch
  • Major US Bank Is Now Closing 18 Branches This Summer
    Major US Bank Is Now Closing 18 Branches This Summer
  • Stop & Shop Store Closures
    A Massive Grocery Chain Is Now Closing Stores
Unlock your personal brand ebook

Trending Market News 📈

Market Manipulation News - Andrew Left

Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”

Frank Nez
By Frank Nez
June 8, 2026
Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025
Cramer Now Speaks on AMC Amid Bullish Bet on IMAX

Cramer Now Speaks on AMC Amid Bullish IMAX Bet

Frank Nez
By Frank Nez
July 21, 2025
AMC Now Soars 11%, Is A Short Squeeze Imminent?

AMC Now Soars 11%, Is A Short Squeeze Imminent?

Frank Nez
By Frank Nez
July 11, 2025
Economists Now Say Prices Will Continue To Rise, "This Is Just The Beginning"

Economists Now Say Prices Will Continue To Rise, “This Is Just The Beginning”

Frank Nez
By Frank Nez
July 11, 2025
Hedge Funds Are Now Throwing Each Other Under The Bus

Hedge Funds Are Now Throwing Each Other Under The Bus

Frank Nez
By Frank Nez
July 8, 2025
News - GameStop Short Seller Now Looks To Sway Criminal Charges

GameStop Short Seller Now Looks To Sway Criminal Charges

Frank Nez
By Frank Nez
July 8, 2025
World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

Financial Desk Team
By Financial Desk Team
July 6, 2025
News - S&P Report: The US Dollar Is Primed To Weaken Further

S&P Report: The US Dollar Is Primed To Weaken Further

Frank Nez
By Frank Nez
July 4, 2025

About

FrankNez is a leading journalism & independent media platform that thrives on community. Read the latest in U.S. Economy, Banking, Markets, and more.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • Gen Z And Millennials Are Now Choosing Stocks Over Houses
  • Our Small Business Just Made $100,000 In Less Than 7 Months
  • Wells Fargo Says It’s Closing Another Major Branch
  • Major US Bank Is Now Closing 18 Branches This Summer
  • A Massive Grocery Chain Is Now Closing Stores

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.