Three Massive Companies Are Now Laying Off in Colorado

Three massive companies are now laying off in Colorado according to the latest Worker Adjustment and Retraining Notification Act filings.

Newrez LLC., Rocky Mountain Crisis Partners, and Radial filed WARN notices this month advising of upcoming layoffs in Colorado.

  • Newrez LLC. 70 job cuts by 7/1.
  • Rocky Mountain Crisis Partners. 330 job cuts by 6/30.
  • Radial. 84 job cuts by 6/28.

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.

Home lender Newrez made the following statement according to its filing report:

“This mass layoff is expected to be permanent.

All affected employees have been notified of their separation dates and that their separation from employment will be permanent.

Those employees are expected to be separated from employment beginning July 1, 2024.

Affected employees do not have bumping rights, and they are not represented by a union or collective bargaining agreement.”

Layoffs in Colorado 2024.
Layoffs in Colorado 2024.

Other businesses laying off in Colorado very soon include:

  • University of Denver. 118 job cuts by 6/30.
  • Wheels Up Partners LLC. 65 job cuts by 6/16.
  • Checkr. 92 job cuts by 6/10.
  • Atrium Hospitality LP/Denver Crowne Plaza. 56 job cuts by 5/31.
  • Bionano Genomics Inc. 76 job cuts by 5/24.
  • Carestream Health Inc. – Update. 19 job cuts by 5/24.
  • Developmental Disabilities Resource Center. 46 job cuts by 6/30.
  • Carestream Health. 25 job cuts by 6/28.
  • ComuteAir. 40 job cuts by 5/23.

Also Read: A Massive Grocery Chain With 400 Stores Is Now Closing

Other Economy News Today

Market News Today - Three Massive Companies Are Now Laying Off in Colorado.
Market News Today – Three Massive Companies Are Now Laying Off in Colorado.

A popular Italian restaurant now announces an unexpected closure after nine years in business, according to an email sent to customers.

Italian Eatery, located in south Minneapolis, Minnesota, told its long-time customers that it planned to shut its doors.

The beloved restaurant, also known as ie, also plans to close its sister restaurant un dito, known for its Sicilian seaside street food, per The US Sun.

They have not announced a closing date but are expected to close between late May and mid-June, according to Bring Me The News.

“As we prepare to close our doors at ie and un dito, we’d like to extend a heartfelt invitation for you to join us for our final months of service,” an email to customers from Carrara $ Co. read.

“Gather with us at the table and let us reminisce over the incredible memories we’ve created together and cherish the moments shared over the past nine years.”

Italian Eatery has been a popular spot since its opening in 2016 and is known for its full-service drinks and dining near Lake Nokomis.

Un dito is a 400-square-foot space that specializes in sips and snacks or afternoon gatherings like you would see in Italy, according to its website.

The restaurant’s “Last Supper” reservations will be released every week and shared in weekly newsletters, according to its website.

“As always, we will continue to reserve walk-in tables at both ie + un dito for our beloved neighborhood,” the announcement read, according to the outlet.

Carrara & Co. also owns due, a focacceria and Italian market in St. Paul, Minnesota that the company calls “Italian Eatery’s spawn, aka quirky little brother,” according to its website.

Despite the Minneapolis closures, due will remain open.

“I’m pleased to inform you that all other Carrara & Co operations remain unaffected, including Due Focacceria, and we are even expanding our services,” according to a statement, reported by NBC affiliate KARE.

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Also Read: A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy

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Market News Today - Three Massive Companies Are Now Laying Off in Colorado.
Market News Today – Three Massive Companies Are Now Laying Off in Colorado.

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