An Unexpected Wave of New Layoffs in California Now Surge

An unexpected wave of new layoffs in California now surge as more businesses file WARN notices advising of upcoming job cuts.

Last week, fourteen businesses officially filed notices with the California Employment Development Department advising of new and upcoming layoffs in the golden state.

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.

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

  • Bloom Energy Corporation laid off 61 staff in Fremont and Sunnyvale
  • San Diego Imaging Management is laying off 52 staff
  • Parker Hannifin Corporation is cutting staff in Fremont.
  • PWLC is cutting 60 staff in Mission Viejo
  • In Carlsbad, 228 staff will be laid off by Viasat, Inc.
  • Amazon is laying off 57 staff in San Francisco and 114 in Glendale
  • 90 staff employed by Informatica in Redwood City will be laid off
  • Sangamo Therapeutics is cutting 102 staff in Brisbane
  • El Torito Mexican Grill in Dana Point is closing, and 42 employees will lose their jobs.
  • Faire Wholesale is cutting 70 staff in San Francisco
  • The Daiso Distribution Center in San Miranda is closing, resulting in 72 staff losing their jobs
  • Flex is cutting 31 people in Milpatas
  • Nextdoor laid off 99 staff in San Francisco
  • Forge Rock cut 109 staff in San Francisco
Layoffs in California 2023.
Layoffs in California 2023.

So far in 2023, there has been approximately 74,349 layoffs in California across 1,260 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.

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

Other Economy News Today

Market News Today - An Unexpected Wave of New Layoffs in California Now Surge.
Market News Today – An Unexpected Wave of New Layoffs in California Now Surge.

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

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Market News Today - An Unexpected Wave of New Layoffs in California Now Surge.
Market News Today – An Unexpected Wave of New Layoffs in California Now Surge.

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