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Mortgage company layoffs hit Charlotte

June 11th, 2018 | Leave a comment.

Movement Mortgage said Thursday it is laying off 100 employees nationwide, including 18 in the Charlotte area, as the lender founded by a former Carolina Panthers player braces for an industry slowdown. Movement, based in Indian Land, S.C., attributed the cuts in operations positions to slower than expected loan growth. Affected jobs in the region […]

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Sykes laying off 377 in Fayetteville

June 11th, 2018 | Leave a comment.

Sykes Enterprises Inc. is laying off 377 employees at its Strickland Bridge Road location at the start of July, according to a filing with the N.C. Department of Commerce. The state’s WARN reports indicate that the layoffs are temporary. The Worker Adjustment and Retraining Notification Act is a labor law that requires most employers with […]

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Indiana’s largest beer distributor laying off 100 workers

June 11th, 2018 | Leave a comment.

INDIANAPOLIS — Indiana’s largest beer distributor is laying off 100 workers after losing a contract with a major supplier. Monarch Beverage Co. expects the job cuts to occur by Sept. 1, when the Indianapolis wholesaler will pull out of the wine business by closing its $67 million-a-year wine distribution business. Source – TheRepublic.com Monarch Beverage […]

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TJX Lays Off 300 Employees

May 30th, 2018 | Leave a comment.

FRAMINGHAM, MA—TJX, the parent company of Marshalls, TJ Maxx, HomeGoods, HomeSense and Sierra Trading post, said the layoff was attributed to restructuring. The company said while it was laying off employees, it planned to expand jobs in other areas. Source – Charlene Arsenault of Patch.com The TJX Companies, Inc. General Savings/Profit Sharing Plan is a defined contribution plan […]

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GM Lordstown Plant – Up to 1,500 Layoffs

April 16th, 2018 | Leave a comment.

LORDSTOWN, Ohio (AP) — General Motors says it will eliminate a production shift at its Chevy Cruze manufacturing plant in Ohio that could cost as many as 1,500 jobs. The automaker says it will cut second shift operations at its Lordstown factory outside Cleveland by the end of June. Source – 13ABC General Motors Retirement […]

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