A New Round of Unexpected Layoffs Now Hits Colorado

A new round of unexpected layoffs now hits Colorado 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 provide a 60-day notice before laying off 50 or more people at a single site.

Checkr is the latest company to file a notice with the Colorado Department of Labor and Employment advising of the mass layoffs.

According to the WARN filing, a total of 92 employees will be laid off on June 10.

“This letter constitutes official notice that Checkr, Inc. (“the Company”) will be reducing its workforce assigned to its facility located at 1621 18th Street #300, Denver, CO 80202 (the “Denver facility”).

This planned action is expected to be permanent and affects all selected Denver-facility assigned employees, some of whom work remotely.

Employees assigned to the Denver facility are scheduled to be separated from their jobs on June 10, 2024, or during the 14-day period beginning on that date,” the company stated.

Other businesses laying off in Colorado this year include:

  • HealthHelp (a WNS Company). Undisclosed, by 6/2.
  • Volta/Volta Charging Industries. Undisclosed, by 5/31.
  • Atrium Hospitality LP/Denver Crowne Plaza. 56 job cuts by 5/31.
  • Bionano Genomics Inc. 76 job cuts by 5/24.
  • Carestream Health Inc. – Update. 19 job cuts by 5/24.
  • Developmental Disabilities Resource Center. 46 job cuts by 6/30.
  • Packers Sanitation Services, Inc.’s (PSSI). 175 job cuts by 4/18.
  • ComuteAir. 80 job cuts by 5/23.
  • Daifuku Services America Corporation. 161 job cuts by 4/22.

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Also Read: A Giant Company Now Makes Unexpected Layoffs in Kentucky

Other Economy News Today

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

A new round of unexpected bank closures hits Texas according to fresh data from the Office of the Comptroller of the Currency.

According to the data, five more bank branches closed this week in Texas, adding to the growing number of shuttered bank buildings in the state.

Below is a list of the latest bank branch closures in Texas, per the OCC:

  • Capital One. 5431 Bissonnet St, Houston
  • Capital One. 21210 Kuykendahl Rd, Spring
  • Capital One. 4414 N. Freeway, Suite 1000, Houston
  • Capital One. 25907 Northwest Freeway, Cypress
  • Capital One. 7919 Kirby Dr, Houston

Its Woodforest NB. 8000 Research Forest location will shutter soon.

According to official US Government data, over 220 bank branches closed across the nation in January and February, with Texas being one of the most impacted states in the country.

The federal regulator found Bank of America, US Bank and Citizens led the charge with the national banks accounting for nearly half of all closures, reports GBNews.

These banking groups closed 92 locations within the space of eight weeks with 222 sites closing down during the period overall.

If banks across the United States continue to shut down at their current rate, around 1,300 will close by the end of 2024.

The rate of bank branch closures has been exacerbated due to the Covid pandemic which resulted in people relying on online banking services due to staying at home.

“If the trend of current bank branch closings continues, there may be no bank branches left in 10 years,” reported TheStreet.

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

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

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