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Home/Banking News/California Is Now The #1 State With The Most Layoffs

California Is Now The #1 State With The Most Layoffs

By Frank Nez
September 20, 2023
1
Market News Today - California Is Now The #1 State With The Most Layoffs.
Market News Today – California Is Now The #1 State With The Most Layoffs.

California is now the #1 state with the most layoffs in the U.S. according to the latest WARN data.

The latest report shows that approximately 54,439 employees have been laid off in California in 2023.

California also has 923 WARN notices this year so far, which are notices of many more upcoming layoffs in the state.

The Worker Adjustment and Retraining Notification Act of 1988 is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees.

This means that California will be experiencing several more layoffs leading to the end of the year.

State with most layoffs 2023 - Franknez.com, WARN data | Economy News.
State with most layoffs 2023 – Franknez.com, WARN data | Economy News.

Layoffs in California this year have now exceeded last year’s numbers according to the latest data by the EDD.

“11,238 jobs have been cut in California since July 1, 2023.

This is tracking ahead of last year’s period when just under 10,000 jobs were cut in California.

From July 1, 2022, to June 30, 2023, there were a total of 90,693 employees laid off in California,” reports Ash Jurberg.

In second place is Colorado, with approximately 26,816 layoffs and 81 WARN notices, followed by Illinois, Washington, New York, Texas, New Jersey, Florida, and Michigan.

Both California and Florida had the most layoffs in Yellow Corp., an American transportation holding company headquartered in Nashville, Tennessee.

So far, Amazon says it is hiring 30,000 seasonal workers in California and is pushing to fill 250,000 jobs nationwide.

The public has raised concerns over recession worries despite government talks of a soft landing.

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Also Read: A US Bank Now Leaves Customers Unable to Pay Bills

More Economy News Today

Market News Today - California Is Now The #1 State With The Most Layoffs.
Market News Today – California Is Now The #1 State With The Most Layoffs.

Massive layoffs in Indiana will now affect thousands of people according to the latest data from the Indiana Department of Workforce Development.

Nearly 4,000 job cuts in Indiana are scheduled to take place this year with the majority coming from LSC Communications, Alan Ritchey, Kuehne & Nagel, Pitney Bowes Inc., FedEx, and many more.

Layoffs in California and layoffs in Illinois both surpassed layoffs in Florida significantly for the month of August.

These three states had the most layoffs in Yellow Corp., an American transportation holding company headquartered in Nashville, Tennessee. 

Upcoming layoffs in Michigan have also put the state right up there in terms of highest job cuts.

Job cut notifications indicate that more than 4,400 jobs will be lost this year.

“Layoffs have hit the United States this year, and Indiana has been impacted by this, with a wide range of businesses announcing layoffs,” reports Ash Jurberg.

Below is a list of upcoming layoffs to hit Indiana in 2023 according to the latest WARN report.

  • Trialon Corporation. Kokomo. 110 jobs cut.
  • BorgWarner. Kokomo. 82 jobs cut.
  • TRIN. Ashley. 155 jobs cut.
  • Owens Corning. Wabash. 87 jobs cut.
  • WestRock. Columbus. 101 jobs cut.
  • Arrowhead Engineered Products. Jasper. 52 jobs cut.
  • Tyson Foods. Corydon. 368 jobs cut.
  • BWI Group. Greenfield. 9 jobs cut.
  • Alan Ritchey. Plainfield. 242 jobs cut.
  • Aurorium. Indianapolis. 159 jobs cut.
  • Yellow Corporation. Statewide job cuts undisclosed.
  • MonoSol. Merrillville. 45 jobs cut.
  • Franciscan Alliance. Dyer, Crown Point, Munster, Lafayette, Beech Grove, Indianapolis. 61 jobs cut.
  • Cenveo Worldwide. Indianapolis. 127 jobs cut.
  • EverQuote. Evansville. 98 jobs cut.
  • FedEx Supply Chain. Indianapolis. 170 jobs cut.
  • Pitney Bowes Inc. Greenwood. 240 jobs cut.
  • LSC Communications. Warsaw. 525 jobs cut.
  • Proterial Cable America.New Albany. 109 jobs cut.
  • Graphic Packaging. Auburn. 70 jobs cut.
  • Enjoy Life Foods. Jeffersonville. 105 jobs cut.
  • Parkhurst Dining at Taylor University. Upland. 178
  • HighPoint Digital. Indianapolis. 65 jobs cut.
  • Walmart Supercenter. South Bend. 261 jobs cut.
  • RR Donnelley. Plainfield. 79 jobs cut.
  • Kuehne & Nagel. Whitestown. 294 jobs cut.
  • Catherine Kasper Life Center. Plymouth. 60 jobs cut.
  • Stealth Enterprises. Bristol. 53 jobs cut.
  • Children’s Factory. Angola. 26 jobs cut.
  • Railcrew Xpress. Lafayette, Avon, Terre Haute, Evansville, and Vincennes. 70 jobs cut.
  • Gannett Publishing Services. Indianapolis. 56 jobs cut.
  • Lincoln Industries. Boonville. 60 jobs cut.

Also Read: Banks Are Now Closing Thousands of Accounts Daily

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Market News Today - California Is Now The #1 State With The Most Layoffs.
Market News Today – California Is Now The #1 State With The Most Layoffs.

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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 blog, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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