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FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

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Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
Who Is the Most Richest Person in the World? Meet the Richest Man in the World in 2026
Massive Closures: BBQ Chain Now Closes All Locations
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Home/Banking News/Massive Layoffs in Texas Now Grow According to WARN Data
Market News Today - Massive Layoffs in Texas Now Grow According to WARN Data

Massive Layoffs in Texas Now Grow According to WARN Data

By Frank Nez
March 7, 2024
2

Massive layoffs in Texas now grow according to WARN data representing filings from businesses 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.

Three additional businesses have recently filed notices advising of upcoming job cuts with the Texas Workforce Commission.

They are:

  • Denbury Inc. is laying off 111 staff members in Plano Inc. on April 30.
  • Gulf Stevedoring Services is laying off 29 employees in Galveston also on April 30
  • Ironhorse Funding is laying off 9 staff in Irving this Friday March, 8.
Layoffs in Texas 2024.
Layoffs in Texas 2024.

So far in 2024, there has been 3,805 layoffs in Texas across a total of 30 businesses according to the latest WARN filings.

Below is a list of other businesses who have advised of upcoming layoffs in Texas this year:

  • Expedia Group Inc. (Austin). 64 job cuts by 5/1.
  • Daifuku Services America Corp. 38 job cuts by 4/22.
  • Frontpoint LLC. (Primary Home Health Care). 53 job cuts by 3/11.
  • Oldcastle Infrastructure. 64 job cuts by 4/22.
  • Rio Grande Valley Sugar Growers 2024. 435 job cuts by 4/29.
  • WFS Express, Inc. Kelley Field. 65 job cuts by 4/10.
  • Shearer’s Foods LLC. 176 job cuts by 3/31.
  • Mattison Pathology, LLP dba Avero Diagnotics. 103 job cuts by 12/8.
  • American Airlines. 321 job cuts by 3/30.
  • Hollingsworth LLC. 153 job cuts by 3/31.
  • Vroom. 283 job cuts by 3/23.
  • Vroom-Meadows Place #2. 54 job cuts by 3/23.
  • Longwood Elastomers. 52 job cuts by 4/1.
  • Panera Bread. 84 job cuts by 3/24.
  • Vroom-Sam Houston Parkway. 178 job cuts by 3/23.
  • Horton Automatics. 63 job cuts by 3/18.
  • WWL Vehicle Services Americas, Inc. 63 job cuts by 3/18.

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Also Read: This Massive Mall Retailer Is Now Closing In California

Other Economy News Today

Market News Today - Massive Layoffs in Texas Now Grow According to WARN Data.
Market News Today – Massive Layoffs in Texas Now Grow According to WARN Data.

This massive cosmetics company now closes in the US as it ceases operations following global financial troubles, sources report.

The Body Shop announced that all of its locations in the United States had shut down as the US wing of the company had ceased operations.

March 1 marked the last day of The Body Shop’s operations in the US, according to a company press release.

This retailer had over 60 locations across the country in December 2023, according to ScrapeHero.

The shock closures were announced with the news that The Body Shop Canada had entered a restructuring process

Its Canadian wing shared that this branch of the company had filed a Notice of Intention to Make a Proposal with the Bankruptcy and Insolvency Act.

All of the country’s 105 stores have currently remained open but 33 are set to shut.

These 33 stores are undergoing liquidation sales and the Canadian website is no longer accepting online sales.

The restructuring process also means that the retailer has stopped accepting gift cards, will not sell new gift cards, or provide refunds, according to CBC News.

Locations of these closing stores include branches in Toronto, Ottawa, and Calgary.

The Body Shop was acquired by AURELIUS GROUP in December 2023 and Alvarez & Marsal Canada Inc. was appointed as the Proposal Trustee.

This comes as The Body Shop plunged into financial trouble in its home country, the United Kingdom, reports The-Sun.

The company collapsed into administration on February 13 and administrators deemed the brand’s current portfolio “no longer viable” after “years of unprofitability,” according to The Sun.

Dozens of UK stores were immediately shut and more locations are expected to go.

Around 270 head office jobs in the UK will be cut but The Body Shop did not reveal how many jobs had been lost in North America.

For more news and updates like this, opt-in for push notifications.

Also Read: Clothing Retailer Now Makes Painful Decision To Close All Stores

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Market News Today - Massive Layoffs in Texas Now Grow According to WARN Data.
Market News Today – Massive Layoffs in Texas Now Grow According to WARN Data.

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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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  1. Frank Nez says:
    March 7, 2024 at 5:05 pm

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  2. Frank Nez says:
    March 7, 2024 at 5:05 pm

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