Massive Layoffs in Illinois Now Hits Tens of Thousands

Massive layoffs in Illinois has now hit tens of thousands of people this year according to fresh data from with the Illinois Department of Commerce and Economic Opportunity.

“Illinois experienced a wave of job cuts in August, with a wide range of businesses announcing layoffs across the month,” reported Ash Jurberg earlier this year.

“Yellow Corp laid off almost 3000 workers, while CVS Health laid off hundreds across several locations.

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.“

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

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

Below are the businesses that filed a WARN act in September with the Illinois Department of Commerce and Economic Opportunity advising of upcoming layoffs this year:

• Heartland Alliance. Chicago 48 jobs cut
• MV Transportation. Niles 90 jobs cut
• Sodexo, Inc. (at Lake Forest Academy. ) Lake Forest 43 jobs cut
• WestRock Company. Chicago 73 jobs cut
• T-Mobile U.S.A., Inc. Downers Grove 57 jobs cut
• Volition GamesChampaign 183 jobs cut

So far, in 2023, there have been 13,954 jobs cut in Illinois.

This is already double the number of job losses that occurred in 2022.

Below is an up-to-date list of layoff notifications in Illinois for 2023 so far.

Related: A New Wave of Massive Layoffs Now Hits Pennsylvania

List of Layoffs in Illinois For 2023

The list below represents companies who’ve had job cuts in Illinois this year so far.

• Menasha Packaging Company Chicago 128 Packaging Company. 51 jobs were cut in Alsip.
• Menasha Packaging Company. 66 jobs were cut in Edwardsville.
• Menasha Packaging Company. 26 jobs were cut in Minooka.
• Berry Global. 82 jobs were cut in Woodstock
• Providence Life Services. 82 jobs were cut in Crete
• CJ Logistics America. 79 jobs were cut in Channahon
• A.G.B. Investigative Services. 311 jobs were cut in Chicago
• Solo Cup Operating Corp. 138 jobs were cut in Urbana
• Clearwave Fiber. 38 jobs were cut in Eldorado
• CVS Health. 161 jobs were cut in Buffalo Grove
• CVS Health. 68 jobs were cut in Chicago
• CVS Health. 17 jobs were cut in Downers Grove
• CVS Health. 65 jobs were cut in Northbrook.
• A.S.M. Global. 192 jobs were cut in Chicago
• Savor, Inc. 951 jobs were cut in Chicago
• Radial, Inc. 42 jobs were cut in Romeoville
• Federal Express Corp. 32 jobs were cut in Marion
• Yellow Corporation. 2900 jobs were cut across Illinois
• Pfizer. 69 jobs were cut in Lake Forest
• Methode Electronics. 28 jobs were cut in Harwood Heights
• Christian Horizons Living. 101 jobs were cut in Lincoln
• Zurn Elkay Water Solutions. 100 jobs were cut in Franklin Park
• Swissport Fueling. 66 jobs were cut in Chicago
• Walgreens. 393 jobs were cut in Edwardsville
• Aramark Campus. 75 jobs were cut in Chicago
• AT&T. 34 jobs were cut in Peoria
• Autism Home Support Services. 306 jobs were across Illinois
• Matthew Warren. 44 jobs were cut in Schiller Park
• Cornerstone Building Brands. 274 jobs were cut in Lansing
• Tyson Foods. 177 jobs were cut in Chicago
• Tyson Foods. 51 jobs were cut in Downers Grove
• Walgreens.504 jobs were cut in Chicago and Deerfield
• Pitney Bowes. 73 jobs were cut in. Elk Grove Village
• Enlivant ES. 284 jobs were cut in Chicago
• The Hope Learning Academy. 53 jobs were cut in Chicago
• ProMedica Health System. 74 jobs were cut in Arlington Heights
• WestRock Company. 48 jobs were cut in Chicago
• Parsec. 434 jobs were cut in Elwood
• Makita U.S.A. 26 jobs were cut in Mt. Prospect
• Newell Brands, Inc. Freeport 75
• Walmart. 764 jobs were cut in Chicago
• CJ Logistics America. 82 jobs were cut in Elwood
• Compass Group U.S.A. 50 jobs were cut in Oak Lawn
• AmeriMark Interactive. 212 jobs were cut in Lincolnshire
• Flanders Corporation . 112 jobs were cut in Momence
• L.T.D. Commodities. 234 jobs were cut in Aurora
• Glen-Gery Corporation. 38 jobs were cut in Marseilles
• Impact Fulfillment Services. 45 jobs were cut in Edwardsville
• Inland Bank & Trust. 54 jobs were cut in Oak Brook
• Walmart. 124 jobs were cut in Cahokia
• Glassdoor, Inc. 26 jobs were cut in Chicago
• American Water Resources. 34 jobs were cut in Alton
• Heritage Operations Group. 69 jobs were cut in Bloomington
• Akorn Operating Company. 611 jobs were cut across Illinois
• Cascades Specialty Products Group. 26 jobs were cut in Aurora
• Aerotek. 623 jobs were cut in Gurnee
• Customized Distribution Services. 125 jobs were cut in Edwardsville
• HGS USA. 156 jobs were cut in Lisle
• Mechanical Servants. 54 jobs were cut in Glendale Heights
• State Farm. 451 jobs were cut in South Bloomington
• Wells Fargo. 140 jobs were cut in Springfield
• Amount. 130 jobs were cut in Chicago
• Evolent Health. 155 jobs were cut in Chicago
• Illinois Central School Bus. 67 jobs were cut in Kankakee

Also Read: Another Popular Retailer Now Declares An Unexpected Bankruptcy

Other Economy News Today

15 Bank of America branches will now close in October, a trend we’ve been seeing all year now.

“The second largest American bank with over an estimated $2.5trillion in assets said it would shutter 15 more branches across six states this month,” reports The-Sun.

“The company has attempted to shut down locations with duplicate branches in the same city as more customers shift to app-based banking.”

Online-only banks have become a serious competition for traditional banks resulting in the closure of several bank branches.

In fact, more than 1000 bank branches have now shuttered this year according to fresh data from the S&P Global Market Intelligence.

“The majority of Americans are concerned about widespread bank branch closures – which are hitting lower-income households the hardest. 

Growing numbers of people are being left without access to basic financial services, as big-name banks have axed more than 1,000 branches already this year,” reports DailyMail.

“Data from S&P Global Market Intelligence shows a total of 1,144 national and regional banks were closed between January 1 and July 31 across 49 states – with firms pulling out of some areas at a faster rate than others.“

A survey by DailyMail has found that 51% of Americans are ‘very concerned’ or ‘somewhat concerned’ about the impact of “dwindling outlets”, which disproportionately affect poorer households.

According to the analysis by research agency Opinium, 10% of Americans with a household income less than $50,000 said they do not have a local bank branch. 

As previously reported, banks are federally mandated to report branch closures to the Office of the Comptroller of Currency (OCC) at least 90 days before closing.

Read the full list of Bank of America branches closing here.

Related: Bank of America is Freezing Accounts in New Scandal

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