Everest University layoffs mount, with 212 employees losing their jobs at its office in Tampa Bay. The cuts will be initiated on January 8, 2018.
Georgia-Pacific LLC announced that it is shutting down large parts of its Camas paper mill, a move that will idle as many as 300 employees, or more than two-thirds of its local employees. The closures are expected to start in the second quarter of 2018.
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.
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…)
Most print media companies today are facing a big question: Should they go down the digital media route or continue on the print media route? In today’s digitally transformed world, there are no prizes for guessing which one they will focus on. Naturally, they will go in the direction that gets them the most readers. (more…)
East Houston Regional Medical Center to Shut Down Due to Storm Damage Despite surviving previous storms, the East Houston Regional Medical Center will now be shutting down in the wake of Hurricane Harvey, leading to hundreds of Houston hospital layoffs.
Board President Toni Preckwinkle at Center of Budget and Soda Tax Debates A battle has been brewing in Illinois over the Cook County sweetened beverage tax, commonly known as the soda tax. The delay of the planned tax has led to Cook County layoffs as the local government struggles to balance its budget.
Fullscreen, Inc. has cut to back on its subscriConcerns Grow About Another Round of Massive Payless Layoffsption video on demand service. After just 18 months, the digital entertainment company announced it will shutter the service in January 2018. Twenty-five people will be laid off.
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.
Belk, Inc. (OTC:BLKIA) announced it is closing two department stores in 2018, including one in West Virginia and the other in Georgia. The Belk layoffs will result in the loss of 183 full- and part-time jobs.