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Home/Banking News/More Businesses Now Warn of Painful Layoffs in Washington
Market News Today - More Businesses Now Warn of Painful Layoffs in Washington

More Businesses Now Warn of Painful Layoffs in Washington

By Frank Nez
June 18, 2024
2

More businesses now warn of painful layoffs in Washington per new WARN notices filed with the state’s Employment Security Department.

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.

Ardagh Glass is one of the latest businesses to warn of upcoming layoffs in Washington state.

The company filed a WARN notice advising that a total of 244 employees in Seattle will be permanently laid off on July 1.

Ardagh Group is a Luxembourg-based producer of glass and metal products that has “grown in the past two decades into one of the world’s largest metal and glass packaging companies”.

However, Ardagh Glass isn’t the only business warning of upcoming job cuts in Washington.

Below is a list of other businesses laying off in Washington state this year:

  • Roy Farms laid off 129 staff in Moxee last month.
  • New Columbia Fruit Packers are closing a facility in Yakima meaning 216 employees will be laid off on August 16.
  • Prestige Care is laying off 150 staff in Vancouver.
  • Amazon is closing a warehouse facility in Tukwila where 172 staff work.
  • Lululmeon filed a layoff notice advising that 128 staff in Sumner will lose their jobs on June 21.
  • Online travel agency Expedia advised 36 staff in their Seattle office will be laid off on August 1
  • Block is laying off staff in its Vancouver office on June 3.
  • Plug Power is closing at the end of June, resulting in the loss of 107 jobs in the Spokane Valley.
  • Pfizer closed a facility in Everitt, and 119 staff lost their jobs on June 3
  • Block laid off staff in Vancouver on June 3.
  • TEKSystems laid off 86 staff in their Redmond office on May 25.
  • BAE Systems laid off 54 staff in Keyport and Silverdale.
  • The American Queen Steamboat Company is ceasing operations, resulting in 508 staff in Clarkston and Vancouver losing their jobs.
  • 76 staff at Output Services Group in Renton lost their jobs.
  • AIDC USA laid off staff in Bothell on May 11.

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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

Other Economy News Today

Market News Today - More Businesses Now Warn of Painful Layoffs in Washington.
Market News Today – More Businesses Now Warn of Painful Layoffs in Washington.

An unexpected restaurant now abruptly closes 7 locations in one state after revealing plans to shutter a total of 36.

TGI Fridays is closing a total of seven restaurants in one state as part of the company’s ongoing growth strategy.

This comes after the chain abruptly closed 36 locations across 12 states in at the beginning of the year, per The-Sun.

The restaurant chain will pull the plug on seven locations across the state of New Jersey in the coming weeks.

Today, Fridays will welcome in famished diners at its location in Brick for the final time.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Weldon Spangler, CEO of TGI Fridays earlier this week.

“We are at the helm of a pivotal moment that will allow us to explore boundless advancement, expansion, and innovation to keep delivering ‘That Fridays Feeling’ that our fans know and love.”

Before the closures, TGI Fridays had about 270 US locations, according to the company’s website.

“As part of the store closures, TGI Fridays is offering more than 1,000 transfer opportunities, which represents over 80% of total impacted employees,” the company previously said in a statement.

“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said Ray Risley, US president and chief operating officer, in the release.

Eight other locations were sold to former CEO Ray Blanchette, a longtime stakeholder who will acquire the previously corporate-owned restaurants.

The sale comes as major changes have been made to the brand’s leadership, including the news of Weldon Spangler being made CEO.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Spangler in a statement.

Also Read: Retirees Will Now Receive More Money For Social Security

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Market News Today - More Businesses Now Warn of Painful Layoffs in Washington.
Market News Today – More Businesses Now Warn of Painful Layoffs in Washington.

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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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Market News Today - A Massive Retailer is Now Closing 12 Stores in Michigan
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A Massive Retailer is Now Closing 12 Stores in Michigan

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An Unexpected Restaurant Now Files For Bankruptcy in Ohio

2 Comments
  1. Frank Nez says:
    June 18, 2024 at 3:25 pm

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  2. Frank Nez says:
    June 18, 2024 at 3:25 pm

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