A New Wave of Unexpected Layoffs Now Hits Missouri
A new wave of unexpected layoffs now hits Missouri 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.
So far, four new businesses have filed WARN notices with the Missouri Office of Workforce Development during the first week of December.
Matheson Flight Extenders (MFE), a mail processing, transportation, and logistics contractor, announced that it will be laying off 40 employees as it closes a mail sorting facility in Kansas City on January 31.
FSC Edge, which integrates AI technologies, business process automation, and case management tools, has ceased operations, leading to staff in Kansas City being let go.
PSSI, a sanitation services business, has lost a contract and been forced to lay off 68 workers in Sullivan County.
SPS Ventures is laying off 152 people in the St. Louis area on February 2.
So far in 2023, there has been approximately 6,472 layoffs in Missouri across 35 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 Texas, Washington, New Jersey, Florida, Michigan, and Georgia.
Below is a list of businesses advising of upcoming layoffs in Missouri:
- CareFusion Corporation. 148 job cuts by 12/18.
- Propak Logistics, LLC. 93 job cuts as of 12/08.
- NextGen Healthcare Inc. 84 job cuts by 1/16/2024.
- Multi-Color Corporation. 44 job cuts by 12/31.
- Matheson Flight Extenders. 40 job cuts by 1/31/2024.
Also Read: Massive Layoffs in California Now Underway Prior to Holidays
Other Economy News Today
An unexpected shoe retailer now permanently closes one of its popular stores with more locations expected to shutter soon.
The New Balance store in Fairview Heights, Illinois is shutting its doors for good in just days following an abrupt announcement, reports The-Sun.
The brand with 111 stores across North America has now closed one of its popular locations in Illinois as of Sunday, November 26.
“Shoe shoppers in Fairview Heights lost Sketchers back in June and will now struggle to find comfortable sports and casual shoes,” says The-Sun.
Store items just moments prior to the closure were on sale, allowing locals to make the best out of these deals.
Store associate Victoria Martin revealed the location’s final day to the Belleville News-Democrat.
She was unable to give an official reason behind the closure and highlighted that the store was often recommended by nearby foot doctors.
Martin added that many customers are upset with the move with recent comments on its website focusing on the closure.
“Sorry you’re closing. Been a customer for many years. Recommend others to purchase from you,” one wrote.
“I’ve purchased shoes at this store in Fairview Heights for years and always had excellent quality of service with a pleasant smile,” another added.
“I deeply regret the notice of your choice to close the only store in Metro East. I live and work in Illinois,”
After Sunday’s closure, New Balance customers will have to travel to Richmond Heights or Creve Coeur in Missouri to visit the store.
Meanwhile, other big-name retailers are set to shut up shop in the state in January next year.
TJX plans to close a staggering 6 TJ Maxx and Marshalls locations in Chicago, Illinois in early 2024.
Also Read: Texas Now Has Massive Departures As Residents Leave State
Market News Published Daily 📰
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.
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.
Recommended For You ✨
Leave a Reply
You must be logged in to post a comment.
Leave your thoughts below.
For more news and updates like this, opt-in for push notifications.