Unexpected Layoffs in North Carolina Now Grow For 2024

Unexpected layoffs in North Carolina now grow for 2024 as several businesses file WARN notices 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.

In North Carolina, these must be filed with the North Carolina Department of Commerce.

The filings with the Ohio Department of Job and Family Services until November 30 show that 98 companies have laid off staff in North Carolina this year, resulting in a whopping 8,600 people losing their jobs.

This is more than double of last year’s figures where only 40 businesses filed notices amounting to 4,104 layoffs.

Below is a list of businesses that have advised of upcoming layoffs in North Carolina soon:

  • National Spinning Co. Inc. 100 job cuts by 1/15/2024.
  • Dansons Inc. 49 job cuts by 4/30/2024.
  • Cygnus Home Service LLC dba Yelloh. 24 job cuts by 1/27/2024.
  • Printpack, Inc. 90 job cuts by 12/31.
  • Hood Container. 88 job cuts by 12/19.
  • AgBiome, Inc. 123 job cuts by 12/15.
  • National Distribution Centers LLC. 217 job cuts by 12/31.
  • Gildan Yarn’s. 258 job cuts 12/08.
  • Smithfield Packaged Meats Corp. 107 job cuts by 12/8.
  • Kayser-Roth Corporation. 126 job cuts by 12/22.

California remains the #1 state with the most layoffs in the country.

In second place is New York followed by Colorado, IllinoisTexasWashington, New Jersey, FloridaMichigan, and Georgia.

Also Read: Massive Layoffs in California Now Underway Prior to Holidays

Other Economy News Today

Market News Today - Unexpected Layoffs in North Carolina Now Grow For 2024.
Market News Today – Unexpected Layoffs in North Carolina Now Grow For 2024.

A popular travel retailer now files for unexpected bankruptcy after experiencing “significant financial difficulty”.

Van’s Aircraft has now announced that it has filed for Chapter 11 bankruptcy protection.

Van’s posted a statement on its website about its Dec. 4 Chapter 11 bankruptcy filing. 

The Aurora, Ore., company, founded 1972, tried to reassure its customers that it would “continue to source, produce, and provide parts, service, and support to our customers. We will also be crating and shipping kit orders.”

The company sells a variety of kits to make airplanes, and many of its customers have never built a plane before.  

“RV kits are very complete. All necessary aluminum forming is done; all welding is completed at the factory. Molded canopies and fiberglass parts are supplied.

All the hardware is included. Most steel parts are powder-coated,” the company writes on its website.

Van’s sells planes that have up to four seats with a variety of capabilities.

Some are optimized for short flights while others have longer ranges or can even be used to perform acrobatics.

In a note to customers posted on its website, Van’s made clear that it has a significant inventory of parts, so it can continue to support built aircraft as well as those being built now.

The company also explained what led to its Chapter 11 petition, filed in U.S. Bankruptcy Court for the District of Oregon.  

“We understand that this situation creates a hardship for everyone involved.

However, without these changes we do not see a viable path forward that would allow Van’s Aircraft to remain in business and support its customers,” the company said in a statement.

Also Read: A US Company Now Declares An Unexpected Bankruptcy

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Market News Today - Unexpected Layoffs in North Carolina Now Grow For 2024.
Market News Today – Unexpected Layoffs in North Carolina Now Grow For 2024.

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