America Closed News Desk

General Dynamics Layoffs: Cuts in Virginia After IT Division’s Revenue Declined by 2.8% YoY

General Dynamics Layoffs

General Dynamics Corporation (NYSE:GD), an aerospace and defense company, is going to cut jobs at its subsidiary, General Dynamics Information Technology (GDIT), adding to the list of Virginia layoffs in 2018. According to the company’s WARN notice, the layoffs are effective April 24. These General Dynamics layoffs in April 2018 stand to impact 73 employees (more…)

Toys “R” Us’ Cost-Cutting Measures: 200 More Closings Due to Massive Debt & Disappointing Holiday Sales

Toys "R" Us Cost-Cutting Measures

The number of Toys “R” Us, Inc. store closings in 2018 has increased by 200. According to The Wall Street Journal, the store closures will be followed by Toys “R” Us corporate layoffs at its headquarters in Wayne, New Jersey. Moreover, the recent Toys “R” Us holiday season sales were quite disappointing as other online and (more…)

Albertsons to Layoff 76 Employees in Phoenix, AZ Amid Store Sales Decline in the 3rd Quarter

Albertsons layoffs

Grocery store company Albertsons Companies LLC has announced job cuts at its Phoenix location, contributing to the Arizona layoffs in 2018 thus far. The grocery store company’s Worker Adjustment and Retraining Notification (WARN) report says that the Albertsons layoffs will affect 76 employees. Recently, the store reported a decline in sales and gross profit margins (more…)

Firearms Industry Faces Uncertain 2018 Amid Debate About Stricter Gun Control and Second Amendment Repeal

Debate About Gun Control

U.S. gun sales dropped by eight percent year-over-year in January 2018, as per FBI data. The estimated gun sales were more than 955,000, which was the lowest record for January since 2012. After observing booming gun sales during Barack Obama’s presidency, the U.S. firearms industry in 2018 has been facing a slowdown. The recent Florida shooting (more…)