Skip to content
Join our newsletter for news & blogs on-the-go. Subscribe Here!
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

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

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

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

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
Latest
Robinhood Is Now Under Fire for Its AMC Tokenized Stock
Trump’s New SEC Now Delays Hedge Fund Rules Until 2027
US Banks Are Now Under Investigation For Wrongfully Closing Accounts
Employees Stress Over More Amazon Layoffs in 2026
Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
US Banks Now Receive Subpoenas Following a Massive Margin Call
Bank of America Branch Closures Now Surge Before Year Ends
JPMorgan Firm Now Barred by Regulator for Illegal Trading
Home/Banking News/A New Wave of Unexpected Layoffs in California Now Surge
Market News Today - A New Wave of Unexpected Layoffs in California Now Surge

A New Wave of Unexpected Layoffs in California Now Surge

By Frank Nez
April 16, 2024
2

A new wave of unexpected layoffs in California now surge 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.

So far this month, a total of 36 WARN notices were officially filed with the California Employment Development Department advising of upcoming layoffs in California.

Layoffs in California 2024.
Layoffs in California 2024.

The following businesses will be laying off in California this year:

  • Western Power Sports. 11 jobs cut in Fresno
  • Reins International California. 52 jobs cut in Canoga Park
  • The Ronin Project. 131 jobs cut in San Mateo
  • Apple. 614 jobs cut in Santa Clara
  • Sega of America. 49 jobs cut in Irvine
  • Resort Vacations. 24 jobs cut in Orange
  • US Display Group. 50 jobs cut in CoronaResort Vacations
  • A.C. Vroman. 12 jobs cut in Pasadena
  • Rico Corp. 6 jobs cut in Sun Valley
  • Abbott Vascular. 12 jobs cut in Irvine
  • Williams-Sonoma. 36 jobs cut in Richmond
  • UPS. 68 jobs cut in Ontario
  • Woodbury University. 10 jobs cut in San Diego
  • Thermo Fisher Scientific. 74 jobs cut in Carlsbad
  • Osso VR.67 jobs cut in San Francisco
  • Sakata Seed America. 36 jobs cut in Morgan Hill
  • Owens-Brockway Glass Container. 16 jobs cut in Fairfield
  • Happy Money. 89jobs cut in Torrance
  • Full Steam Staffing. 323 jobs cut in City of Industry
  • Sanofi.100 jobs cut in San Francisco
  • Bionano Genomics.64 jobs cut in San Diego
  • Image Solutions Apparel. 21 jobs cut in Torrance
  • Providence Holy Cross Medical Center. 8 jobs cut across California
  • Telecare Corporation. 100 jobs cut in Redwood City
  • Intel Corporation. 62 jobs cut in Santa Clara
  • Pacific Racing Association. 203jobs cut in Berkely
  • Transdev Services.179 jobs cut in Los Angeles
  • Lockheed Martin. 150 jobs cut in Palmdale
  • Genentech. 436 jobs cut in San Francisco
  • PIRCH. 17 jobs cut in Mission Viejo
  • Levy Premium Foodservice Limited Partnership. 124 jobs cut in San Diego
  • Retail Services WIS Corporation. 12 jobs cut in San Diego
  • Volta Inc.68 jobs cut in San Francisco
  • Temple Nightclub 86j obs cut in San Francisco
  • Experian Information Solutions.70 jobs cut in Costa Mesa

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

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

Other Economy News Today

Market News Today - A New Wave of Unexpected Layoffs in California Now Surge.
Market News Today – A New Wave of Unexpected Layoffs in California Now Surge.

Shoppers now mourn the loss of a massive discount retailer of the the company announced that it would be closing all 371 of its stores.

99 Cents Only customers are begging for their favorite store to stay open despite plans for all locations to shutter, reports The-Sun.

The discount chain filed for bankruptcy last week, but an industry veteran is interested in saving some stores.

99 Cents Only stores across the south-western states are preparing to close down due to bankruptcy, but shoppers are not happy.

“This needs to stay open,” a loyal customer told the Los Angeles Times.

“I make OK money, and buying here helps me. But imagine if you’re on WIC? If you’re on Social Security?

“You need a place like this. Are people now supposed to go to Ralphs? Or Target? With what money?”

Another customer told the LA Times that the affordable prices of 99 Cents Only had helped keep her family afloat.

“I could buy toys for my younger kids, my older kids could get pens for school, and I could do groceries for all of us. And the prices, of course.”

“Well, everything is more expensive nowadays, so I guess this had to end,” she added.

99 Cents Only filed for Chapter 11 bankruptcy protection Sunday, April 7.

In a statement, the company said inflation had made it business model unsustainable.

The company’s Interim Chief Executive Officer Mike Simoncic remarked on the announcement, stating the following:

“The last several years have presented significant and lasting challenges in the retail environment, including the unprecedented impact of the COVID-19 pandemic, shifting consumer demand, rising levels of shrink, persistent inflationary pressures and other macroeconomic headwinds.”

99 Cents Only has 371 locations spread across California, Arizona, Nevada, and Texas.

Since its first store opened in 1982 in Los Angeles, it has served as a local rival to Dollar Tree and Dollar General.

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

Also Read: A Massive Bank Is Now Closing Nine More Locations

Market News Published Daily 📰

Market News Today - A New Wave of Unexpected Layoffs in California Now Surge.
Market News Today – A New Wave of Unexpected Layoffs in California Now Surge.

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 ✨

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


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 Famous Clothing Brand Is Now Closing in Washington
Previous

A Famous Clothing Brand Is Now Closing in Washington

Market News Today - This Massive Mall Retailer Now Closes For Good
Next

This Massive Mall Retailer Now Closes For Good

2 Comments
  1. Frank Nez says:
    April 16, 2024 at 7:08 pm

    Leave your thoughts below.

    Log in to Reply
  2. Frank Nez says:
    April 16, 2024 at 7:08 pm

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

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • Robinhood Is Now Under Fire for Its AMC Tokenized Stock
    Robinhood Is Now Under Fire for Its AMC Tokenized Stock
  • SEC Delays Hedge Fund Rules 2027
    Trump’s New SEC Now Delays Hedge Fund Rules Until 2027
  • US Banks Are Now Under Investigation For Wrongfully Closing Accounts
    US Banks Are Now Under Investigation For Wrongfully Closing Accounts
  • Amazon Layoffs 2026
    Employees Stress Over More Amazon Layoffs in 2026
  • Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
    Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
Unlock your personal brand ebook

Trending Market News 📈

US Banks Now Receive Subpoenas Following a Massive Margin Call

US Banks Now Receive Subpoenas Following a Massive Margin Call

Frank Nez
By Frank Nez
August 26, 2026
JPMorgan Firm Barred by regulator for illegal trading

JPMorgan Firm Now Barred by Regulator for Illegal Trading

Frank Nez
By Frank Nez
August 24, 2026
Investors now press Trump on MMTLP scandal - MMTLP news

Investors Now Press Trump on The MMTLP Scandal: What’s Next?

Frank Nez
By Frank Nez
August 22, 2026
The ASSET Act allows banks and credit unions to freeze bank accounts

Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law

Frank Nez
By Frank Nez
August 22, 2026
Jane Street $15 Billion Loss

Margin Call Forces Citadel Rival Into $15 Billion Loss

Frank Nez
By Frank Nez
August 18, 2026
Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses

Gen Z And Millennials Are Now Choosing Stocks Over Houses

Frank Nez
By Frank Nez
August 9, 2026
Will AMC Stock go up?

3 New Signs AMC Stock Will Continue to Skyrocket

Frank Nez
By Frank Nez
July 20, 2026
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

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

  • Robinhood Is Now Under Fire for Its AMC Tokenized Stock
  • Trump’s New SEC Now Delays Hedge Fund Rules Until 2027
  • US Banks Are Now Under Investigation For Wrongfully Closing Accounts
  • Employees Stress Over More Amazon Layoffs in 2026
  • Regulators Are Now Avoiding Communication with Next Bridge on MMTLP

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.