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Investors Now Press Trump on The MMTLP Scandal: What’s Next?
Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
Margin Call Forces Citadel Rival Into $15 Billion Loss
Home Sales Fall To A New Record Low
More US Consumers Are Beginning to Cut Retail Spending
Beloved Grocery Store Ice Cream Company Now Files Unexpected Bankruptcy
Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
Home/Banking News/Another Facility in Florida Now Announces an Unexpected Closure
Market News Today - Another Facility in Florida Now Announces an Unexpected Closure

Another Facility in Florida Now Announces an Unexpected Closure

By Frank Nez
March 15, 2024
2

Another facility in Florida now announces an unexpected closure leading to hundreds of layoffs in the 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 give 60 days’ notice before laying off 50 or more people at a single site.

Walgreens officially filed a WARN Act notice with the Florida Department of Economic Opportunity advising that an Orlando facility will be closed in May, resulting in a whopping 324 employees losing their jobs.

“As Walgreens continues to work on solutions to help build business momentum and improve the efficiency of our operations, we have looked closely at our distribution center network, streamlining capacities wherever possible to best support our stores.

After a careful review of our DC operations, we have made the difficult decision to close our Orlando, Florida, distribution center located at 2455 Premier Row, Orlando, FL 32809.

Consistent with these plans, employment separations are expected to commence on or about May 17, 2024.

We anticipate that these changes, when finalized, will be permanent and they would involve the entire facility.

In total, 324 employees will be affected by this site closure,” the company said.

Layoffs in Florida 2024.
Layoffs in Florida 2024.

So far in 2024, there has been 2,033 layoffs in Florida across 28 businesses according to the latest WARN filings.

Other businesses who have advised of upcoming layoffs in Florida include:

  • MV Transportation. 218 job cuts by 4/30.
  • Anuvu Operations, LLC’s Maritime, Energy and Government business. 135 job cuts by 4/20.
  • OBXtek. 57 job cuts by 4/21.
  • LATAM Global Security Services. 166 job cuts by 4/14.
  • Alto Operations Florida LLC. 121 job cuts by 4/12.
  • Coca Cola. 198 job cuts by 4/6.
  • BioDerm, Inc. 50 job cuts by 4/6.
  • Fanatics, LLC. 218 job cuts by 4/1.

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Also Read: Massive Shoe Retailer Is Now Closing A Quarter of Stores

Other Economy News Today

Market News Today - Another Facility in Florida Now Announces an Unexpected Closure.
Market News Today – Another Facility in Florida Now Announces an Unexpected Closure.

A clothing retailer now announces the unexpected closure of all locations as it embarks in a new journey to go fully online.

Outdoor Voices will reportedly shut all of its stores on Sunday, employees of the activewear company have said.

Four employees at four different stores, speaking on condition of anonymity, confirmed the March 17 closures to The New York Times.

The publication said it had seen at internal Slack message sent to employees on Wednesday notifying them that the chain “is embarking on a new chapter as we transition to an exclusively online business.”

The message, other reports suggested, doubled as instructions for what to tell customers.

The message, The Times reported, said products in stores will be discounted 50%.

Current and former Outdoor Voices employees at stores in Austin, Denver, Atlanta, Charlotte, New York, Houston and San Diego also confirmed the news to Axios reporters.

One Austin employee who worked on the company’s marketing team told the publication they and other employees were laid off on March 12 and it was “very sudden”.

“Store teams were told by their manager — who were also laid off — that effective as of end of day Sunday that every single one of our Outdoor Voices stores are closing as well,” the unnamed employee said.

Two of the employees the Times spoke to said they were not offered severance.

Outdoor voices has 16 retail locations, according to its website.

The company was founded by Ty Haney in 2014.

Haney left in 2020 and has since made her feelings very clear: “It’s kind of sickening to see how low it’s gotten,” she said in an interview with The Cut in August 2023.

“I feel sad for it.”

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Also Read: A Massive Grocery Store Will Now Close All Locations

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Market News Today - Another Facility in Florida Now Announces an Unexpected Closure.
Market News Today – Another Facility in Florida Now Announces an Unexpected Closure.

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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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A Massive Bank in Ohio Has Now Shuttered 10 Branches

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  1. Frank Nez says:
    March 15, 2024 at 3:41 pm

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  2. Frank Nez says:
    March 15, 2024 at 3:41 pm

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