Amazon, Walmart, FedEx among 20 companies likely to cut jobs in US this month: Report
Article excerpt
Highlighted: the sentence this signal was extracted from
A fresh wave of layoffs is set to hit the US job market in August, with several major companies including Walmart, Amazon, FedEx and NBCUniversal expected to reduce their workforce, according to public Worker Adjustment and Retraining Notification (WARN) filings reviewed by Newsweek. The WARN notices, which are filed ahead of large-scale layoffs or plant closures, cover employers across industries such as retail, technology, manufacturing, healthcare and logistics. While the filings indicate planned job cuts, they often apply to specific locations or business units rather than companywide workforce reductions, Newsweek reported. According to Newsweek, the following companies have WARN-tracked layoffs scheduled to take effect in August: Prairie Farms Dairy, Elite Comfort Solutions, NBCUniversal, ILPEA Industries, Red Lobster, 6th Street Center for Youth, Independence Premium Foods, SDH Education East, Expeditors International of Washington, Joymark, General Dynamics, Amazon, T&H Services, Laboure College of Healthcare, BrandFX, MV Transportation, FedEx, Levi Strauss & Co., Sunrise Transportation and Walmart. Among the companies, Walmart has several California WARN notices scheduled to take effect on August 21. The filings affect employees in San Bruno and multiple Sunnyvale locations. According to Newsweek, the San Bruno notice impacts 88 workers, while the Sunnyvale filings...
Keep reading with a free account
The rest of this article, and every signal for FedEx, is in your free account.
