WFCN –
Thousands in Arizona are now facing unexpected layoffs as a fresh wave of job cuts sweeps through the state, with more companies issuing WARN notices to announce upcoming layoffs.
Over the last seven days, Arizona has been hit by a surge of widespread shutdowns of retail establishments, resulting in a substantial number of job cuts throughout the state.
It is crucial to mention that according to the federal Worker Adjustment and Retraining Notification (WARN) Act, businesses with over 100 full-time employees must give a 60-day notice before carrying out large-scale layoffs of 50 or more employees at one site.
This rule has been put into effect after two prominent retailers submitted WARN notices to the Arizona Department of Economic Security.
Conn’s Home Plus, a retailer specializing in home decor and electronic gadgets, will be closing a grand total of 12 stores across the state, leading to 240 employees being left without a job.
Furthermore, Big Lots, a chain of discount stores, is shutting down multiple stores in Arizona, resulting in 299 employees losing their jobs.
The most recent WARN notice submissions are the newest updates in a string of layoffs that have affected the economy of Arizona in the past few weeks.
The closure of numerous large retail stores and the subsequent layoffs contribute to the increasing number of job cuts happening throughout the state.
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The scenario also underscores the wider obstacles that the retail sector is encountering, as consumer habits and market trends keep changing.
The substantial reduction of jobs on a large scale can create important repercussions on nearby economies and societies, highlighting the importance of continuous assistance and training programs to aid displaced workers in discovering fresh job prospects.
Nevertheless, Conn’s and Big Lots are not the sole companies that have announced forthcoming layoffs in Arizona.
Here is a compilation of additional companies in the state that are reducing their workforce this year:
- Newrez is reducing its workforce in Tempe by letting go of 78 employees.
- Schuff Steel plans to reduce its workforce by letting go of 63 employees in total.
- Northrop Grumman has announced that 543 workers in Chandler will be laid off.
- Panera Bread has revealed plans to shut down its dough production center in Chandler, leading to the dismissal of 64 workers.
- Evernorth Care Group is reducing its workforce in Scottsdale by letting go of 261 employees.
- TuSimple is reducing its workforce in Tucson.
- Kalil Bottling Company in Tucson is letting go of 546 employees.
- Every single one of us A Research Program in Phoenix is reducing its workforce by letting go of 45 employees.
- Obvio Health is letting go of 51 employees.
- Walmart is reducing its workforce in Phoenix by letting go of 74 employees.
- A total of 42 employees in Phoenix are being let go by the company’s savings department.
- Devine Holdings is reducing its workforce in Mohave Valley.
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