Massive Layoffs in South Carolina Are Now Rising

Massive layoffs in South Carolina are now rising as more businesses begin to file WARN acts advising of upcoming job cuts.

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. 

“Disappointing news for Innovative Fibers in South Carolina with the announcement the local business will be laying off staff.

The filing stated the closure would result in 71 staff in Spartansburg losing their jobs from December 17.

Last week, banking giant Wells Fargo announced it was closing its corporate office in Columbia, resulting in up to 525 people losing their jobs.

So far, in 2023, 42 WARN notices have been filed in South Carolina,” reports Ash Jurberg.

South Carolina Layoffs 2023 Map - WARN - Franknez.com.
South Carolina Layoffs 2023 Map – WARN – Franknez.com.

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

In second place is Colorado, followed by IllinoisTexasWashington, New York, New Jersey, FloridaMichigan, and Georgia.

Below are the businesses that filed a WARN act of upcoming layoffs in South Carolina this year.

Also Read: A US Company Now Declares An Unexpected Bankruptcy

Upcoming Layoffs in South Carolina 2023

Below is a list of companies that have announced they will be cutting jobs in South Carolina this year.

  • Innovative Fibers. 71 job cuts.
  • Rice Industries, LLC. 7 job cuts.
  • Ryder Integrated Logis. 185 job cuts.
  • Cummins, Inc. 72 job cuts.
  • Wells Fargo. 525 job cuts.
  • Legacy Supply Chain. 47 job cuts.
  • Prisma Health. 689 job cuts.

Also Read: Popular Beer Company Now Files For An Unexpected Bankruptcy

Other Economy News Today

Market News Today - Massive Layoffs in South Carolina Are Now Rising.
Market News Today – Massive Layoffs in South Carolina Are Now Rising.

A US bank has now left customers with no money as users nationwide report being defrauded and locked out of their accounts.

More Green Dot Bank customers are speaking out against the bank in the latest scandal that has users trapped with no access to their money.

Other users are reporting funds being completely gone from their accounts.

These bank customers are losing access to hundreds and even thousands of dollars, which is rightfully theirs to begin with.

“Green dot took me and thousands of peoples money. None of us can access it. WE HAVE SHIITTT TO PAY,” said one user on Saturday.

“For the first 2 months of having Greendot everything was great. Then I go and try to use my card and it’s declined. The d*** b!** said to wait an hour or day. ITS BEEN A WEEK!! I feel terrible for the people who’ve lost hundred of $$,” says Anna.

“I’m going through the same thing. My funds are gone. I believe now the bank is holding it hostage. It’s my SS money and I can’t get it back they keep extending the date. I’ll get my new card with my money on it this has been going on since the August 1 and I was in the hospital when I was hacked..I want my money it’s mine not yours green dot,” says Sandra Machuga, who’s reported to FrankNez before.

US Treasury Direct customers have also reported being unable to access their accounts.

Tammarra Johnson reported to FrankNez that TreasuryDirect has frozen her account ever since she made a deposit going all the way back to April.

“My account has been frozen since April right after I deposited $1,500 from a settlement. I mailed in the required form from my bank that was needed to unlock my account and it is still locked.

It’s sad to know financial institutions are basically taking citizens money like times aren’t already hard.”

Also Read: The US Treasury Direct is Now Freezing Customer Accounts

Market News Published Daily 📰

Market News Today - Massive Layoffs in South Carolina Are Now Rising.
Market News Today – Massive Layoffs in South Carolina Are Now Rising.

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 TwitterInstagramFacebook, or LinkedIn for daily news and updates on your favorite stories.


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.


1 Comment

  1. Frank Nez

    Leave your thoughts below.

© 2023 Franknez.com

Theme by Anders NorenUp ↑