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News Flash
Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses
Gen Z And Millennials Are Now Choosing Stocks Over Houses
Major US Bank Is Now Closing 18 Branches This Summer
Major US Bank Is Now Closing 18 Branches This Summer
Stop & Shop Store Closures
A Massive Grocery Chain Is Now Closing Stores
52-year-old restaurant Beefeater will close all locations
International Restaurant Beefeater Will Now Close All Locations
Home Depot Rival closes store after 87 years in business
A Home Depot Rival Closes After 87 Years in Business
JCPenney Ridgmar Mall Closure
Massive Mall Retailer Confirms Closure of Another Location
Magellan Aerospace files chapter 11 bankruptcy
An Aerospace Manufacturer Now Files Unexpected Chapter 11 Bankruptcy
Former Employees of Massive Bank Now Sentenced to Prison
Former Employees of a Massive Bank Now Sentenced to Prison
Home/Banking News/Massive Layoffs in Florida Will Now Begin in 2024
Market News Today - Massive Layoffs in Florida Will Now Begin in 2024

Massive Layoffs in Florida Will Now Begin in 2024

By Frank Nez
December 10, 2023
2

Massive layoffs in Florida will now begin in 2024 as more businesses file WARN notices advising of upcoming job cuts.

It’s important to note that under the Worker Adjustment and Retraining Notification Act, an employer with more than 100 full-time workers must provide a 60-day notice before laying off 50 or more people at a single site.

In just the first week of December, three new businesses have officially filed a WARN Act notice with the Florida Department of Economic Opportunity advising of upcoming layoffs.

vitaCare advised of 53 layoffs in its headquarters in Boca Raton and were let go immediately.

Orlando Sanford is closing a facility at Orlando Airport, leading to 267 employees losing their jobs.

Southwire is also laying off 71 staff in Crestview on February 2.

Layoffs in Florida 2023.
Layoffs in Florida 2023.

So far in 2023, there have been approximately 9,283 layoffs in Florida across 190 businesses according to the latest WARN data.

California remains the #1 state with the most layoffs in the country.

In second place is New York followed by Texas, Washington, New Jersey, Florida, Michigan, and Georgia.

Below is a list of businesses advising of upcoming layoffs in Florida:

  • Tyson Foods. 219 job cuts by 1/08/2024.
  • Monterey Mushrooms. 214 job cuts by 1/13/2024.
  • Baker Hughes. 183 job cuts by 1/08/2024.
  • Jacobs Technology Inc. 173 job cuts by 1/01/2024.
  • HMSHost. 166 job cuts by 1/28/2024.
  • Venus Fashion, Inc. 129 job cuts by 1/13/2024.
  • InteLogix. 102 job cuts by 1/3/2024.

Also Read: Massive Layoffs in California Now Underway Prior to Holidays

Other Economy News Today

Market News Today - Massive Layoffs in Florida Will Now Begin in 2024.
Market News Today – Massive Layoffs in Florida Will Now Begin in 2024.

An unexpected shoe retailer now permanently closes one of its popular stores with more locations expected to shutter soon.

The New Balance store in Fairview Heights, Illinois is shutting its doors for good in just days following an abrupt announcement, reports The-Sun.

The brand with 111 stores across North America has now closed one of its popular locations in Illinois as of Sunday, November 26.

“Shoe shoppers in Fairview Heights lost Sketchers back in June and will now struggle to find comfortable sports and casual shoes,” says The-Sun.

Store items just moments prior to the closure were on sale, allowing locals to make the best out of these deals.

Store associate Victoria Martin revealed the location’s final day to the Belleville News-Democrat.

She was unable to give an official reason behind the closure and highlighted that the store was often recommended by nearby foot doctors.

Martin added that many customers are upset with the move with recent comments on its website focusing on the closure.

“Sorry you’re closing. Been a customer for many years. Recommend others to purchase from you,” one wrote.

“I’ve purchased shoes at this store in Fairview Heights for years and always had excellent quality of service with a pleasant smile,” another added.

“I deeply regret the notice of your choice to close the only store in Metro East. I live and work in Illinois,”

After Sunday’s closure, New Balance customers will have to travel to Richmond Heights or Creve Coeur in Missouri to visit the store.

Meanwhile, other big-name retailers are set to shut up shop in the state in January next year.

TJX plans to close a staggering 6 TJ Maxx and Marshalls locations in Chicago, Illinois in early 2024.

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

Market News Published Daily 📰

Market News Today - Massive Layoffs in Florida Will Now Begin in 2024.
Market News Today – Massive Layoffs in Florida Will Now Begin in 2024.

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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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Other Articles
Market News Today - A New Wave of Unexpected Layoffs Now Hits Missouri
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A New Wave of Unexpected Layoffs Now Hits Missouri

Market News Today - A New Wave of Unexpected Layoffs Now Hits Ohio
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A New Wave of Unexpected Layoffs Now Hits Ohio

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  1. Frank Nez says:
    December 10, 2023 at 9:05 pm

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  2. Frank Nez says:
    December 10, 2023 at 9:05 pm

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