Massive layoffs in Alabama now affect thousands this month from just two businesses alone.
Help at Home and Baxter Healthcare Corporation are expected to layoff a combined total of 1,244 employees for the month of November.
According to the latest WARN Act data, Help at Home laid off 785 employees in Clayton, Alabama on November 4.
Baxter Healthcare Corporation has advised of 459 job cuts in Opelika, Alabama by 11/30.
Parkdale Inc. recently laid off 76 employees back in October.
“Alabama-based business Landing has laid off more employees this week– the third round of layoffs Landing has made since October last year,” reports Ash Jurberg.
“Landing rents apartments with flexible leases and operates a nationwide network of fully furnished apartments through a membership model.
The company relocated its headquarters from California to Birmingham, Alabama, in 2021.
The relocation was made after Birmingham City Council and Jefferson County commissioners approved incentives for Landing of up to $1,632,000 for bringing 816 jobs to Alabama.
Since then, there have been several layoffs.”
So far in 2023, there has been approximately 4,282 employee layoffs in Alabama across 28 business according to the latest WARN data.
California remains the #1 state with the most layoffs in the country.
Other Economy News Today
A massive Florida business now files for an unexpected bankruptcy as the franchisee seeks to strengthen its operations.
Starboard Group, a Florida based restaurant operator, has placed its Wendy’s restaurants into bankruptcy protection.
The business operates 61 Wendy’s locations across the southeast, including Florida.
It also owns another 12 restaurant franchises, including Fuzzy’s Taco Shop, McAlister’s Deli, and Subway, unaffected by the bankruptcy filing.
“Placing the Wendy’s division in a Chapter 11 reorganization is the wisest decision we could have made in order to save jobs, strengthen the company and our partners for the future,” said Starboard Group CEO, Andrew Levy.
Starboard Group CEO Andrew Levy says the decision to file for bankruptcy was primarily due to increasing prices, high interest rates, and shifting consumer needs.
“In 2020, the franchise group had 100 restaurants but has been forced to close several recently and now operates 73,” reports Ash Jurberg.
“This year, three Burger King franchisees filed for Chapter 11…
Operators at Hardee’s, McDonald’s, and Popeyes also filed for bankruptcy.
Smaller food chains, including Clover Food Labs and Green District, have also filed for bankruptcy,” reports The-Sun.
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