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Market News Today - A New Round of Unexpected Layoffs Now Hits Kentucky

A New Round of Unexpected Layoffs Now Hits Kentucky

By Frank Nez
March 5, 2024
2
Updated on March 10, 2024

A new round of unexpected layoffs now hits Kentucky 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.

Wolverine World Wide, the footwear company behind brands like Saucony and Sperry, is permanently shuttering its distribution facility in Louisville, Kentucky, resulting in approximately 150 layoffs.

A Worker Adjustment and Retraining Notification (WARN) notice was filed with the Kentucky Career Center advising that 150 employees working there will be laid off commencing May 3.

The facility’s closure is part of Wolverine’s broader restructuring efforts aimed at streamlining operations.

Despite earlier indications that the Louisville site would continue housing operations for the Saucony and Sperry brands, Wolverine has decided to shutter the distribution center as it stabilizes its business amid the restructuring, sources report.

The layoffs represent a major blow to the local industry.

Wolverine is not the only company who has advised of upcoming layoffs in Kentucky.

Below is a list of businesses advising of upcoming job cuts in Kentucky as well:

  • Computer World Services, Corp (CWS). 63 job cuts by 3/29.
  • TF-Metal USA, LLC. 49 job cuts by 3/14.
  • Piston Automotive. 52 job cuts by 4/19.
  • GDI Integrated Facility Services. 128 job cuts by 3/5.

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Also Read: Clothing Retailer Now Makes Painful Decision To Close All Stores

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Other Economy News Today

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

A famous restaurant chain now closes its last location in one state after it was announced it would be demolished and replaced.

Hooters is closing down its restaurant in Charleston, West Virginia – the chain’s last remaining location in the Mountain State.

The joint is being demolished and replaced with a Scheetz gas station – much to the distress of many loyal customers.

Hundreds of regulars gathered for a candlelit vigil on Friday, February 23, reports The-Sun.

Although the idea began as a joke started by locals on Facebook, it ended up having a serious purpose.

The event turned into a fundraiser for a woman in the community who needs medical treatment – as well as a farewell to the beloved eatery.

Outside, former customers made chicken wings with Hooters wing sauce and served up copycats of its famous strip cheese sandwich.

Co-organizer of the vigil Leo Brown, told the crowd, “This building is a legitimate, iconic figure.”

“It’s a lot of memories going down with that building,” a former customer told local ABC affiliate WCHS-TV.

Others shared their sadness over the closure on social media.

One described it as “truly distressing” on Facebook.

“RIP to Hooters West Virginia,” said another on X, formerly known as Twitter.

Although the decision to close down came recently, the Charleston Hooters has not reopened since it was shuttered in March 2020.

It’s also not the only Hooters location to close down recently.

The chain also pulled the plug on its outlet in Lafayette, Louisiana after 25 years in January.

But the originator of the “breastaurant” format is not entirely on the decline.

It plans to open six new restaurants in 2024 – three in Las Vegas, Nevada, and three in Florida.

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Also Read: 68 Essential Stores Are Now Closing in Pennsylvania

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

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

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Massive Retailer Has Now Closed A Location After 16 Years

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  1. Frank Nez says:
    March 5, 2024 at 8:01 pm

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