Job Cuts

TechShop Closed? Makerspace Files for Chapter 7 Bankruptcy, Closes U.S. Locations

TechShop Closed All U.S. Locations

Unexpectedly, TechShop closed all 10 of its locations across the U.S. The chain of subscriber-based do-it-yourself (DIY) workshops shuttered its doors on November 8, 2017 after years of mounting operating losses. TechShop said it hadn’t been profitable and was filing for chapter 7 bankruptcy, which entails full liquidation instead of chapter 11, which would involve reorganizing.

UMass Boston Layoffs: Cost-Cutting Measures Required, Poor Management Puts University in Budget Deficit

UMass Boston Layoffs

University of Massachusetts Boston (UMass Boston) administrators are laying off staff as the university struggles to solve its massive budget deficit. In the first round of layoffs, UMass Boston is jettisoning 43 employees. The public research university is facing a serious budget deficit that could reach $30.0 million this year. The UMass Boston layoffs could (more…)

Porter’s Group Shutters Kings Mountain Plant, 133 Out of Work

Fenced off Abandoned Factory

Metal fabrication company Porter’s Group, LLC filed a Worker Adjustment and Retraining Notification (WARN) report with the North Carolina Department of Commerce, announcing a total of 133 permanent layoffs at its Kings Mountain facility in Cleveland County. The company filed the notice on November 13, but the closure and layoffs were effective November 10.