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Home/Banking News/New Layoffs in Texas Now Begin To Skyrocket
Market News Today - New Layoffs in Texas Now Begin To Skyrocket

New Layoffs in Texas Now Begin To Skyrocket

By Frank Nez
February 29, 2024
2

New layoffs in Texas now begin to skyrocket as more businesses file WARN notices advising of upcoming job cuts.

So far for 2024, there has been 3,805 layoffs in Texas across 30 businesses according to the latest WARN data.

California continues to lead the way this year in terms of having the most layoffs in the country.

While Texas job cuts are nowhere near California’s, New York’s, or even Washington, layoffs have certainly begun to pick up in the state.

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.

Below is a list of upcoming layoffs in Texas according to the latest WARN filings for 2024:

  • 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.
  • 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.
  • ABM Industries, Inc. Flowers Baking Company. 176 job cuts by 3/02.

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Also Read: SNAP Benefits Will Now Increase For The Year 2024

Other Economy News Today

Market News Today - New Layoffs in Texas Now Begin To Skyrocket.
Market News Today – New Layoffs in Texas Now Begin To Skyrocket.

A massive restaurant now closes after 30 years, with dozens more shutting down soon according to the chain’s owner.

An Outback Steakhouse restaurant has closed after 30 years of business.

The closure comes as David Deno, who owns the chain’s parent company, warned that dozens of restaurants will be shutting up shop, per The-Sun.

The Outback Steakhouse eatery had been a staple in Harrisburg, Pennsylvania, for three decades, but it has closed its doors for good, according to Penn Live.

A note has been put on the restaurant’s window warning fans about the closure.

It listed other Outback eateries in the area that fans of the restaurant can head to.

Bloomin’ Brands owns popular chains Bonefish Grill and Carrabba’s Italian Grill.

Deno announced that 41 underperforming restaurants across the company are set to close.

Chiefs revealed the eateries set for the cut are predominately older and underperforming, per a company earnings call.

“A majority of these restaurants were older assets with leases from the 90s and early 2000s,” Deno said.

He stressed that the restaurants are not closing because of staffers’ performances.

The company says they expect to finalize the closures by the end of the first quarter.

However, they also mentioned they hope to open between 40 and 45 new restaurants this year.

Earlier this month, it was reported that Outback Steakhouse had closed its last remaining restaurants across Hawaii.

Outback Steakhouse had been a staple in the state for more than two decades.

The dramatic restaurant closures were described as unexpected by industry experts and workers claimed they were given short notice.

A worker at the chain’s Waipio branch claimed staffers were given just a few days’ notice.

An Outback Steakhouse location in State College, Pennsylvania, has also closed, per the NBC affiliate WJAC-TV.

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Also Read: This Massive Restaurant Is Now Closing 41 Locations

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Market News Today - New Layoffs in Texas Now Begin To Skyrocket.
Market News Today – New Layoffs in Texas Now Begin To Skyrocket.

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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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Market News Today - This Popular Mall Retailer Is Now Closing 150 Stores
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Market News Today - This Massive Bank Is Now Cutting 286 Jobs
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This Massive Bank Is Now Cutting 286 Jobs

2 Comments
  1. Frank Nez says:
    February 29, 2024 at 5:20 pm

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  2. Frank Nez says:
    February 29, 2024 at 5:20 pm

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