A New Wave of Massive Layoffs Hits Arizona

A new wave of massive layoffs now hits Arizona as another business announces job cuts affecting nearly 100 people.

Last week it was reported that Transdev Services cut 829 jobs.

“Food company Leclerc Foods has now filed a notice advising that employees at a facility in Phoenix will be laid off,” reports Ash Jurberg.

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.

The company filed a WARN act on Friday with the Arizona Department of Economic Security advising of 93 job cuts.

Leclerc produces cookies and sweet snacks across nine production facilities with more than 1,500 employees across North America.

They opened a facility at 440 South 51st Ave in Phoenix in 2014 to produce chewy bars.

The facility in Phoenix is closing, resulting in the loss of jobs for all employees there.

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

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

So far in 2023, Arizona has laid off nearly 2,400 employees across 64 businesses.

Below are the businesses that filed a WARN act of upcoming layoffs in Arizona this year.

Also Read: A US Company Now Declares An Unexpected Bankruptcy

Upcoming Layoffs in Arizona 2023

Below is a list of companies that have announced they will be cutting jobs in Arizona this year.

• LECLERC Foods. 93 job cuts.
• Transdev Services. 829 job cuts.
• Mobile Health. 93 job cuts.
• First Savings Bank. 3 job cuts.
• Bank of the West (BMO). 112 job cuts.
• Shaw Industries Group. 250 job cuts.
• TD Synnex. 71 job cuts.
• Thriveworks Administration Services, LLC. 78 job cuts.
• OnPoint Laboratories. 5 job cuts.
• Divvy Homes. 2 job cuts.
• Dole Fresh Vegetables Inc. 64 job cuts.

Also Read: A Major Essential Company Now Files For Unexpected Bankruptcy

Other Economy News Today

Florida now has massive departures as hundreds of thousands of residents leave according to new data from the U.S. Census Bureau.

The report shows that over 275,000 people left Florida and moved to another state in 2022.

Of those leaving Florida, 46,884 moved to Georgia, 42,301 moved to North Carolina, 36,200 to Tennessee, 31,456 to South Carolina, and 29,975 relocated to Texas.

Experts have weighed in stating that Florida residents are moving out of the state primarily due to the increasingly high insurance rates.

Newsweek reported, “Home insurance premiums have tripled in the state in the past five years, with residents currently paying on average more than $4,200 per year. The national average is $1,700.”

“When you have a home that’s one million dollars or less, your insurance premium becomes higher than your mortgage,” says Oscar Seikaly, chief executive of NSI Insurance Group.

The Wall Street Journal reported that even the mayor of Palm Beach County, Gregg Weiss, has decided to drop his insurance when the premium doubled to about $20,000.

“I know a lot of people who have done the same thing. The market doesn’t make sense anymore,” said the mayor.

While many residents are leaving Florida, California departures still significantly outweigh the state.

343,000 people left California and moved to another state in 2022, the highest number of any state in the country.

Of those leaving California, 102,000 moved to Texas, 74,000 to Arizona, 50,000 to Florida, and 48,000 to Nevada.

The rising costs of living, especially in younger people, are the primary cause of departures according to experts.

“We are losing younger folks, and I think we will see people continuing to migrate where housing costs are lower,” says Manuel Pastor, a professor at the University of Southern California.

Also Read: Massive Layoffs in Florida Deepen According to New Data

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