A New Wave of Unexpected Layoffs Now Hits Washington

A new wave of unexpected layoffs now hits Washington 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.

New layoffs in Washington are affecting thousands of people starting 2024.

Washington is currently leading as the #2 state in the country with the most job cuts so far with 4,890 WARN layoffs filed this year.

Last year the state had a whopping 18,928 layoffs across a total of 66 businesses according to WARN Tracker.

layoffs in Washington 2024.
Layoffs in Washington 2024.

Below is a list of businesses that have filed WARN notices advising of upcoming layoffs in Washington for 2024:

  • Appen AI, Inc. 2 job cuts by 4/8.
  • Skagit Horticulture, LLC. 169 job cuts by 4/7.
  • RaterLabs. 3,657 job cuts by 4/6.
  • Sonoco Products Co. 34 job cuts by 3/01.
  • Penske Logistics. 125 job cuts by 3/31.
  • Thermoforming Systems, LLC. 66 job cuts by 3/31.
  • Block. 43 job cuts by 3/30.
  • Northwest Motorsport, LLC. 142 job cuts by 3/24.
  • WestRock. 87 job cuts by 3/18.
  • Lost Boys Interactive, LLC. 7 job cuts by 3/15.
  • Rexam. 121 job cuts by 2/29.
  • Flexe, Inc. 99 job cuts by 3/8.

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

Also Read: SNAP Benefits Will Now Increase For The Year 2024

Other Economy News Today

Market News Today - A New Wave of Unexpected Layoffs Now Hits Washington.
Market News Today – A New Wave of Unexpected Layoffs Now Hits Washington.

Another brewery now declares an unexpected bankruptcy and goes through the liquidation process after calling its future “very uncertain”.

Flying Fish was a success story at first unlike most who open a brewery and fail quickly.

“By allowing drinkers to engage with him directly, he soon garnered attention and accolades that led to the funding that made Gene’s dream a reality, and the first production brewery was built in Cherry Hill, NJ,” the brewery shares on its website.

That original brewery grew into a larger facility, a tasting room, and regional distribution throughout New Jersey, Pennsylvania, Delaware, and Maryland.

The company even has had a national deal with Total Wine to bring its beer outside that area, and Flying Fish has a popular tasting room.

However, the company struggled to pay its bills as the country emerged from the pandemic.

It had also failed a merger with Cape May Brewing and filed for Chapter 11 bankruptcy protection in May 2023.

At the time, the company, which had been acquired by Elk Lake Capital, hoped to be able to rework its obligations and continue operating. 

And while it operated its Tasting Room over Super Bowl weekend, Flying Fish’s remaining assets will be auctioned off on Feb. 13.

It’s possible that a buyer steps up that intends to operate the brand as it is, but the company took to its Facebook page to share what happens next calling its future “very uncertain.”

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

Also Read: Three Massive Restaurant Chains Now Begin Closing Locations

Market News Published Daily 📰

Market News Today - A New Wave of Unexpected Layoffs Now Hits Washington.
Market News Today – A New Wave of Unexpected Layoffs Now Hits Washington.

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)InstagramFacebook, 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.



2 Comments

  1. Frank Nez

    Leave your thoughts below.

  2. Frank Nez

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

Leave a Reply

© 2024 Franknez.com

Theme by Anders NorenUp ↑