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Investors Now Press Trump on The MMTLP Scandal: What’s Next?
Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
Margin Call Forces Citadel Rival Into $15 Billion Loss
Home Sales Fall To A New Record Low
More US Consumers Are Beginning to Cut Retail Spending
Beloved Grocery Store Ice Cream Company Now Files Unexpected Bankruptcy
Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
Home/Business News/These Companies Are Now Laying Off in Ohio Right Before The Holidays
Market News Today - These Companies Are Now Laying Off in Ohio Right Before The Holidays

These Companies Are Now Laying Off in Ohio Right Before The Holidays

By Frank Nez
November 17, 2024
2
Updated on November 19, 2024

Today, we have compiled a list of companies in Ohio that are implementing layoffs just before the holiday season, based on the latest WARN (Worker Adjustment and Retraining Notification) data.

It’s crucial to recognize that under the Worker Adjustment and Retraining Notification Act, employers with more than 100 full-time employees are required to provide a 60-day notice prior to laying off 50 or more individuals at a single location.

This notice must be submitted to the Ohio Department of Job and Family Services, ensuring that affected employees have some time to prepare for the transition.

As we enter November, the wave of layoffs is beginning, coinciding with the critical lead-up to Christmas.

This timing raises concerns about the impact on families during what is traditionally a festive season.

This year, Ohio has seen approximately 11,236 WARN layoffs across 86 different businesses.

Here are some of the notable companies and the number of job cuts they are planning:

Layoffs in Ohio 2024.
Layoffs in Ohio 2024.
  • True Value. 89 job cuts by 12/14.
  • DHL. 173 job cuts by 12/15.
  • Nordson. 114 job cuts by 12/6.
  • Libra Industries. 45 job cuts by 12/6.
  • Kaleo Inc. 5 job cuts by 11/30.
  • Cygnus Home Service dba Yelloh. 92 job cuts by 11/22.

Other companies laying off in Ohio also include:

  • FCA US. 1,135 job cuts by 1/5/2025
  • PPC Flexible Packaging LLC. 68 job cuts by 1/3/2025
  • Airgas. 70 job cuts by 12/31.
  • Pepsico. 136 layoffs by 12/28.

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Economy News - These Companies Are Now Laying Off in Ohio Right Before The Holidays.
Economy News – These Companies Are Now Laying Off in Ohio Right Before The Holidays.

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EconomyEconomy NewsFinance NewsLocal EconomyMarket NewsTrendingWorker Adjustment And Retraining Notification Act
Author

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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2 Comments
  1. Frank Nez says:
    November 17, 2024 at 11:39 pm

    Leave your thoughts below.

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  2. Frank Nez says:
    November 17, 2024 at 11:39 pm

    Read Daily Market News – https://franknez.com/ for more news and updates like this.

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