A New Wave of Unexpected Layoffs in Tennessee Now Grows

A new wave of unexpected layoffs in Tennessee now grows according to the latest WARN filings from businesses advising of upcoming job cuts.

One of the latest companies to file a WARN notice with the Tennessee Department of Labor and Workforce Development is Ameri-Kleen.

The company announced that a total of 80 staff will be laid off in February.

It’s important to note that under the Worker Adjustment and Retraining Notification (WARN) 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.

Layoffs in Tennesse.
Layoffs in Tennessee.

So far in 2023, there has been approximately 5,581 layoffs in Tennessee across 57 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 TexasWashington, New Jersey, FloridaMichigan, and Georgia.

Below is a list of businesses that have filed WARN notices advising of upcoming layoffs in Tennessee:

  • Nyrstar Tennessee Mines – Gordonsville LLC. 300 job cuts by 12/31.
  • Morgan Olson, LLC. 290 job cuts by 12/22.
  • Red Stag Fulfillment. 185 job cuts by 2/28/2024.
  • Ryman Hospitality Properties, Inc. 124 job cuts by 1/01/2024.
  • Chick-fil-A. 84 job cuts by 2/06/2024.
  • Newell Brands Industries LLC. 81 job cuts by 12/22.
  • Ameri-Kleen, Inc. 80 job cuts by 2/17/2024.
  • Aludyne, Inc. 40 job cuts by 2/01/2024.

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

Other Economy News Today

Market News Today - A New Wave of Unexpected Layoffs in Tennessee Now Grows.
Market News Today – A New Wave of Unexpected Layoffs in Tennessee Now Grows.

A massive bank now announces additional closures for 2024 according to fresh data from the Office of the Comptroller of the Currency.

Chase will now close down 37 more branches across the nation as part of its mass closures, reports The-Sun.

The Chase bank closures were announced by the Office of the Comptroller of the Currency (OCC) for the week of November 25-December 2. 

Chase also announced in mid-November that it would close 24 stores.

States affected by Chase bank closures include California, Arizona, Louisiana, Idaho, Washington, Ohio, Florida, Texas, Rhode Island, Tennessee, Indiana, Maine, and New York, per the OCC.

Along with Alabama, Minnesota, Georgia, South Carolina, Massachusetts, Pennsylvania, Missouri, Wisconsin, New Jersey, Virginia, and Maryland. 

The rise of online banking is why traditional banks have resulted in closing down branch locations nationwide.

“Fewer people are visiting the in-person brick-and-mortar branches.

Most bank services are available online or through apps now.

However, Chase is in the works of creating a new banking experience for people.

There is still hope for some in-person branches,” reports The-Sun.

Chase is set to open 15 new branches that will come with updates in new areas. 

The bank is closing branches to continue into new ventures.

Chase said that it will open more branches than it closes that will be focused on the new needs of customers — even if closures have surpassed new openings this year.

“Significant investments in new branches, adding more than 650 over the last five years, including delivering on our commitment to build 400 branches in 25 new states,” a spokesperson for Chase told The U.S. Sun in September.

“We’re targeting covering 70 percent of the U.S. population within a 10-minute drive of our branches, up from 60 percent today, which means you will see us build more branches than we close, resulting in a modestly larger branch network over time.

“Our goal is not to have the most branches – but to have the right branches, in more communities, serving the financial needs of our customers.”

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

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Market News Today - A New Wave of Unexpected Layoffs in Tennessee Now Grows.
Market News Today – A New Wave of Unexpected Layoffs in Tennessee Now Grows.

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