A new wave of unexpected layoffs now hits Texas as more businesses file WARN notices advising of upcoming job cuts.
One of the latest business to advise of upcoming layoffs in Texas is Matheson Flight Extenders (MFE), a mail processing, transportation, and logistics contractor.
The company will be laying off 92 employees as it closes a mail sorting facility in Texas.
The ninety-two employees at a facility in Grapevine will be laid off on January 31 next year.
DHL recently laid off 50 employees at a facility in Missouri City ahead of Christmas and also filed a second notice stating that ten employees at a facility in Sugar Land will be laid off on January 31 next year.
Granite Peak Fabrication has also filed a WARN notice stating that a total of 89 staff in Midland will be laid off on February 4, 2024.
So far in 2023, there has been approximately 22,355 layoffs in Texas across 213 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 Texas:
- MV- Transportation Austin (South Yard). 778 job cuts by 12/31.
- Vmware Inc. River Place. 577 job cuts by 1/26/2024.
- Stitch Fix. 558 job cuts on 12/01.
- MV-Transportation Austin (North Yard). 400 job cuts by 12/31.
- Accenture. 351 job cuts on 12/08.
- Southwestern Health Resources. 288 job cuts by 12/31.
- Harland Clarke Corp. 130 job cuts on 12/01.
- LegalZoom.com. 122 job cuts by 12/15.
- The International Paper Company Sabine Railroad. 12 job cuts by 2/06/2024.
- Granite Peak Fabrication. 89 job cuts by 2/02/2024.
- DHL Supply Chain – Sugar Land. 10 job cuts by 1/31/2024.
- Matheson Flight Extenders, Inc. 92 job cuts by 1/31/2024.
Also Read: Massive Layoffs in California Now Underway Prior to Holidays
Other Economy News Today
A massive US bank is now closing accounts without warning according to several customer reports.
A Chase customer is currently asking for help as the bank abruptly closed four accounts without notice.
The person described the situation on Reddit where several other customers said they had been through the same exact experience.
On the Chase Bank subreddit, the customer wrote that they had four accounts, all of which were closed “without any notice at all.”
“When I called they refused to give me any information at all. They locked all my accounts and I can’t even transfer my money or withdraw it from an ATM.
“I have no idea what to do. I have so many bills about to be due,” they said.
In the comments, they further explained that they hadn’t recently made any big purchases or tried to cash a check, and in the past, they had only overdrafted the account once.
Another user replied that the same thing had happened to them during the pandemic.
“Worst experience I’ve had with any banks. Ruined my credit, no money to buy food, and almost went homeless,” they wrote.
Two weeks later they were sent a check for the remaining balance.
A third person shared a similar experience and urged the original poster to “don’t bother fighting the customer service or staff” on the decision as they won’t give out extra information.
Two weeks later they were sent a check for the remaining balance.
A third person shared a similar experience and urged the original poster to “don’t bother fighting the customer service or staff” on the decision as they won’t give out extra information.
Someone else added: “They also closed my account and they told me they have the right to close my account, just like I have the right to close my own account.”
The original poster didn’t share an update regarding whether or not they were able to resolve the issue.
Also Read: A US Bank is Now Denying Customers Access to Money
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 ✨
About The Author
Leave your thoughts below.
For more news and updates like this, opt-in for push notifications.