More than a thousand unexpected layoffs in Illinois are now being reported according to the latest data WARN data.
So far for 2024, there has been 1,235 layoffs in Illinois and counting across 13 businesses, per fresh WARN filings.
The state is currently holding the #1 spot of most layoffs in the country at the time of this publication.
Last year, there were approximately 24,852 layoffs in the state across 134 businesses with Yellow Corporation making up most of the job cuts.
California remained the #1 state with the most layoffs in the country in 2023.
Below is a list of businesses that filed WARN notices advising of upcoming layoffs in Illinois this year:
- Packers Sanitation Services. 176 job cuts, filed on 1/10/2024.
- Salem Village Nursing and Rehabilitation Center, L.L.C. 173 job cuts, filed on 1/11/2024.
- DHL. 161 job cuts filed on 1/19/2024.
- Adecco USA. 145 job cuts filed on 1/02/2024.
- Hillside Logistics, Inc. 136 job cuts filed on 1/12/2024.
- Marsden Services, LLC. 234 job cuts filed on 1/11/2024.
- Discover Financial Services. 108 job cuts filed on 1/18/2024.
- Quad Logistics Services, LLC. 74 job cuts filed on 1/19/2024.
- Amscan, Inc. 65 job cuts filed on 1/11/2024.
- GDI Services. 159 job cuts filed on 1/10/2024 & 1/12/2024.
- Crown Cork & Seal USA, Inc. 40 job cuts filed on 1/19/2024.
- Stratus Unlimited LLC. 39 job cuts filed on 1/08/2024.
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Also Read: A Massive Furniture Company Now Lays Off 1,650 Employees
Other Economy News Today
A massive retailer is now closing stores inside Target, part of a plan to reduce its density after already shuttering several locations.
CVS said this week that it plans to close some pharmacies that are located inside Target stores.
The pharmacy closures will begin in February and be completed by the end of April, a CVS spokesperson confirmed to Retail Dive.
The closures are part of CVS’ plan to realign its national retail footprint and reduce store and pharmacy density.
Employees affected by the Target store-in-store closures will be offered comparable roles within the company.
Unfortunately, CVS declined to identify the locations slated for closure.
However, the pharmacy retailer did state that it has about 1,800 locations inside Target stores.
Prescriptions at closing locations will be transferred to a nearby CVS Pharmacy, the company said.
CVS acquired Target’s pharmacy business in 2015.
The deal was worth a whopping $1.9 billion, The Wall Street Journal reported.
The partnership was “a significant shift” in Target’s business model, CEO Brian Cornell said in a blog post at that time.
Rather than invest its own resources into in-store healthcare, the company instead chose to rely on “an expert partner” which gave Target the bandwidth to focus on growing its overall wellness business, the company said.
“The closures are part of our plan to realign our national retail footprint and reduce store and pharmacy density and are based on our evaluation of changes in population, consumer buying patterns and future health needs to ensure we have the right pharmacy format in the right locations for patients,” CVS spokesperson Amy Thibault said in an email.
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Also Read: SNAP Benefits Will Now Increase For The Year 2024
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