Massive Florida Businesses Announce New Layoffs For 2024

November 15, 2023

Massive Florida businesses announce new layoffs for 2024 according to fresh data from the Worker Adjustment and Retraining Notification Act.

Last week, Tyson Foods announced a new round of layoffs in Jacksonville where hundreds of employees are scheduled to lose their job.

The plant will close on the 8th of January resulting in 219 job cuts making it the eighth plant Tyson has closed since the beginning of 2023.

Now Chewy has announced it is cutting around 220 staff.

The online pet retailer was sold to Pet Smart in 2017 for $3.35 billion and has its headquarters in Florida.

However, the company has yet to report the number of layoffs in Florida.

“As we head into 2024, we took the opportunity to consolidate some of our headcounts and align our efforts into priorities which we believe will gain us the most significant customer wins and generate the highest business returns, to enable us to strengthen the company’s future,” the company said in a statement.

“This was a difficult decision that was carefully considered as part of our overall strategy and ongoing focus on becoming an ever more agile and disciplined company.

We are grateful to our team members for their contributions and remain committed to supporting them during this transition.”

The news was followed by upcoming layoffs from Venus Fashion, which filed a WARN Act notice with the Florida Department of Economic Opportunity advising of 129 job cuts.

“This is to advise there will be mass layoff at Venus Fashion located at 11711 Marco Brach Dr, Jacksonville.

It is expected to be a permanent layoff…all separations will occur on January 13, 2024,” said the company.

For far in 2023, approximately 9,283 employees have been laid off in Florida across 190 companies.

For You: Bank of America Is Now Freezing Accounts in Painful Scandal

Other Economy News Today

A massive retailer in Florida now closes several stores after filing for Chapter 11 bankruptcy in September.

Soft Surroundings is currently undergoing liquidation sales and is closing more of its stores in Florida.

The company was founded in 1999 and opened its first store in 2005.

“The business grew to over 80 stores but experienced financial difficulties, closing twenty-five stories in 2021″, reports Ash Jurberg.

In September this year, the business sought protection from creditors in the U.S. Bankruptcy Court and filed for Chapter 11 bankruptcy.

Last week, a bankruptcy judge confirmed the women’s apparel retailer plan, including a $22.7 million sale of its e-commerce platform and a $400,000 settlement for its unsecured creditors.

According to reports, 65.4% of Soft Surrounding’s total sales come from online sales, and it will close all stores across the United States and focus on e-commerce.

This week, Gordon Brothers, the global asset experts, launched closing sales at all 43 Soft Surroundings retail store locations throughout the United States.

Below are the three stores in Florida that are still open and are running liquidation sales.

23151 Fashion Dr., Suite 117, Estero, FL 33928
140 University Town Center Dr., Suite 264, Sarasota, FL 34243
998 Del Mar Drive, Suite 102, The Villages, FL 32159

Discounts between 20% and 50% on all items, including casual wear, shoes, and home products, specifically catering to women.

Everything is on sale, including new arrivals perfect for holiday parties and gift-giving.

“We encourage consumers to shop early to take advantage of the best selection of products and great savings throughout the stores while supplies last,” said Durien Sanchez, Managing Director, Retail at Gordon Brothers.

The discounts are only available in stores and not online.

Also Read: Florida Now Has Massive Departures As Residents Leave State

Market News Published Daily 📰

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors. This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

You can also follow me on Twitter, Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.

More Market News 📰

Become a Sponsor for only $1/mo.

Gain access to EXCLUSIVE FrankNez articles you won’t find here.
Become part of a private and safe Discord community, just for retail investors.
Get drawn at the end of the year for holiday giveaways.

Become a Sponsor Today!