Four Massive Companies Are Now Laying Off in South Carolina

Four massive companies are now laying off in South Carolina according to the latest WARN notice filings, affecting many.

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.

On Wednesday, Logistics Support filed a notice with the South Carolina Department of Employment and Workforce stating that a total of 98 employees will lose their jobs on June 7th.

Last week, the Bic Corporation also filed a notice advising it was laying off in South Carolina due to a permanent closure of a facility in Gaffney.

The business will transition operations at the Gaffney plant, which produces a limited supply of BIC Markers, to two BIC factories in France and Mexico.

As a result, a total of 46 employees will lose their jobs at the end of the year.

Gentherm and Stanley and Decker made similar announcements in March.

Gentherm, which supplies heated seats for the automotive facility, announced it was moving the manufacturing production undertaken at the South Carolina facility to Mexico.

The filing stated the closure would result in 124 staff at the facility losing their jobs by May 3rd.

Stanley and Decker are also closing at the end of the year, resulting in a total of 192 employees losing their jobs.

In 2023, the company closed a facility in Chesterfield, leading to 179 job losses.

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Also Read: Retirees Will Now Receive More Money For Social Security

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Market News Today - Four Massive Companies Are Now Laying Off in South Carolina.
Market News Today – Four Massive Companies Are Now Laying Off in South Carolina.

A grocery outlet with 479 locations now makes an unexpected closure leaving shoppers weeks left to score discounts.

Shoppers are flocking to the Grocery Outlet in Arden-Arcade, California to score last-minute deals and discounts, reports The-Sun.

The retailer on 3431 Watt Avenue, about 91 miles east of Oakland, announced its impending closure through social media.

“Sadly we’re closing our doors at this location soon, but there’s still time for you to save,” Grocery Outlet’s Facebook account announced.

One Facebook user Tony Cox posted a Facebook Live video to share his shopping haul during the store’s final week in business.

“Grocery Outlet going out of business sale,” he said. “Today was day one, 20% off everything, tomorrow it may be 30% off.

Cox said he went to Grocery Outlet to buy his “traditional loaf of bread” and found killer closing business sales for food and snacks.

“The savings go on,” he said. A box of his favorite multigrain cereal that usually costs $5 went for $1.50.

He also got a creamy bisque soup for $1.20 instead of $5.

Cox said the store would be open until April 15 or once it runs out of inventory.

He also noted how more customers could be seen exiting the store behind him with packed shopping carts.

But the Grocery Outlet isn’t the only grocer closing.

Another retail apocalypse is hitting a Walmart in Towson, Maryland, a bit under 30 minutes north of Baltimore

Customers of the store have noticed 50% off sales and shared their observations on social media.

The big box retailer plans to close the location after April 5.

Walmart confirmed employees from the location would have the chance to transfer to a different Walmart store and keep their jobs.

This follows the big box retailer’s decision to close four more stores in 2024.

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Also Read: A Massive Bank Now Freezes Money From Direct Deposits

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Market News Today - Four Massive Companies Are Now Laying Off in South Carolina.
Market News Today – Four Massive Companies Are Now Laying Off in South Carolina.

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