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Home/Banking News/Massive Layoffs in Minnesota Now Exceed Last Year’s Record
Market News Today - Massive Layoffs in Minnesota Now Exceed Last Year's Record

Massive Layoffs in Minnesota Now Exceed Last Year’s Record

By Frank Nez
October 10, 2023
1

Massive layoffs in Minnesota have now exceeded last year’s record according to fresh data from the Minnesota Department of Employment and Economic Development.

So far, in 2023, there have been 5,231 jobs cut in Minnesota. This is already far more than the number of job losses in 2022.

Last year, there were just 1525 jobs lost in the state,” reports Ash Jurberg.

“The layoffs in Minnesota continued in September, with several more businesses announcing layoffs across the month.

  • La Terraza. Jobs cut in Mankato
  • Soul Bowl. Jobs cut in Richfield
  • KPFG. 62 jobs cut in Foley
  • Hub Bike Co-op . 10 jobs cut in Minneapolis
  • Dangerous Man Brewing. 28 jobs cut in Minneapolis
  • MercyOne Clinic. Jobs cut in Albert Lea
  • TJ Maxx. 75 jobs cut in St. Paul

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.”

State data shows the more than 6,000 employees were laid off within the first five months in 2018, Minnesota’s current record high.

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 have laid off staff in Minnesota in 2023 so far.

Also Read: Another Popular Retailer Now Declares An Unexpected Bankruptcy

Layoffs in Minnesota 2023

Market News Today - Massive Layoffs in Minnesota Now Exceed Last Year's Record.
Market News Today – Massive Layoffs in Minnesota Now Exceed Last Year’s Record.

The list below shows companies in Minnesota that had job cuts this year so far:

  • YWCA Nicollet. Minneapolis 6 jobs cut
  • YWCA Hennepin. Minneapolis 6 jobs cut
  • Shutterfly. Shakopee 246 jobs cut
  • Northern Brewer. St. Paul 9 jobs cut
  • Northern Brewer. St. Louis Park 9 jobs cut
  • Good Earth Restaurant Roseville jobs cut
  • Psycho Suzi’s Motor Lounge Minneapolis jobs cut
  • The Treasury. St. Paul 35 jobs cut
  • Nashville Coop. Rochester
  • Outback Steakhouse. Burnsville
  • Midwest Mountaineering. Minneapolis 40 jobs cut
  • Yellow Corp. Burnsville 320 jobs cut
  • FedEx Freight. Winona, 30 jobs cut
  • Uptown Collab. Minneapolis 25 jobs cut
  • Fiddlehead Coffee Co. -Rochester and Bloomington
  • Trophy House. New Trier
  • Crescendo. Albert Lea
  • Anytime Fitness. Edina
  • Foxy Falafel. St. Paul
  • Ngon Bistro. St. Paul
  • Bella Bridesmaids. Minneapolis
  • Green Mill Restaurant & Bar. Hastings
  • Taco John’s. Moorhead
  • Fasika Ethiopian Restaurant. St. Paul
  • Rocco Altobelli Salons and Day Spas. Rochester
  • Hubert White. Minneapolis
  • Alary’s Bar. New Brighton
  • Chez Bojji Rochester
  • Meadow Lane Healthcare. Benson 28 jobs cut
  • Dirks Furniture. Olivia
  • 3M – HQ. Maplewood 1100 jobs cut
  • House of Hope. Mankato 23 jobs cut
  • Jenny Craig – Roseville, Burnsville, Minnetonka , and Shakopee
  • Tarsilla’s Café . Stewartville 5 jobs cut
  • KinhDo Restaurant. Minneapolis 5 jobs cut
  • 3M’s Wonewok. Park Rapids 40 jobs cut
  • Zoe’s Bakery and Cafe. Minneapolis
  • Dunn Brothers. Chaska
  • Granite City. Golden Valley
  • City of Maplewood DMV. Maplewood 7 jobs cut
  • David’s Bridal Oakdale Oakdale, Duluth, Richfield, Rochester and Maple Grove
  • Packers Sanitation. Cold Spring 81 jobs cut
  • HyLife Foods. Windom 1007 jobs cut
  • Pescara. Rochester
  • Olympak. Grand Rapids 40 jobs cut
  • Powerbikes.com. St. Louis Park 25 jobs cut
  • Applebee. Brooklyn Center 39 jobs cut
  • Bon Vie Bistro & A Piece of Cake, St. Paul
  • Bap and Chicken. St. Paul 7 jobs cut
  • Eagle Street Grille. St. Paul 7 jobs cut
  • AT&T. Minneapolis
  • Burger King. Across Minnesota, 225 jobs cut
  • It’s Greek to Me, Taverna. Minneapolis
  • The Grateful Table. Roseville 7 jobs cut
  • Walkin’ Dog. Minneapolis
  • D Michael B’s Restaurant. Alexandria 10 jobs cut
  • Pro Medica Hospice. Toledo 25 jobs cut
  • BLST Operating Co. Eden Prarie 61 jobs cut
  • Walmart. 420 jobs cut
  • Target. Minneapolis 45 jobs cut
  • HTI Tech Hutchinson. 30 jobs cut
  • Active Sports. Lincolnshire 90 jobs cut
  • Bright Health. Minneapolis 42 jobs cut
  • Bed Bath & Beyond. Minnetonka 14 jobs cut
  • Bed Bath & Beyond. Rochester 12 jobs cut
  • Aldi – N Mpls. Minneapolis 15 jobs cut
  • Bed Bath & Beyond. Roseville 13 jobs cut
  • Walgreens. Minneapolis 16 jobs cut
  • Plastech Corp – Anoka. Rush City 71 jobs cut
  • Amazon Warehouse. Shakopee 680 jobs cut
  • GAP. Bloomington
  • JCPenney. Detroit Lakes 10 jobs cut
  • Shutterfly. Shakopee 97 jobs cut

Also Read: A New Wave of Massive Layoffs Now Hits Pennsylvania

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Market News Today - Massive Layoffs in Minnesota Now Exceed Last Year's Record.
Market News Today – Massive Layoffs in Minnesota Now Exceed Last Year’s Record.

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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 blog, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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    October 10, 2023 at 1:15 am

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