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JCPenney in Wauwatosa – Layoffs Begin

April 16th, 2018 | Leave a comment.

J.C. Penney Co. Inc. has informed state of Wisconsin officials that layoffs of more than 520 employees at its massive logistics center in Wauwatosa will begin around June 2. Source – Milwaukee Business Journal J. C. Penney Corporation, Inc. Savings, Profit-Sharing and Stock Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, […]

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Proctor & Gamble to close Kansas City Plant

March 15th, 2018 | Leave a comment.

Procter and Gamble announced that they will close the doors of their Kansas City, Kan., plant and move operations to West Virginia by late 2020.1 Approximately 280 employees in Kansas City, Kan. Location will be affected. 1 Fox 4 News KC The Procter & Gamble Profit Sharing Trust and Employee Stock Ownership Plan is a defined […]

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Harley-Davidson slashes jobs

March 14th, 2018 | Leave a comment.

Motorcycle maker Harley-Davidson said that it would slash jobs and close a plant because of declining motorcycle shipments1. The company plans to shutter a factory in Kansas City in 2019 and send some of that production to another plant in York, Penn. As part of the overhaul, around 800 jobs in Kansas City will be cut, but […]

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Toys ‘R’ Us Considers Closing All of Its U.S. Stores

March 13th, 2018 | Leave a comment.

March 15 (Reuters) – Iconic toy retailer Toys ‘R’ Us Inc  will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs. ‘TRU’ Partnership Employees’ Savings and Profit Sharing Plan is a defined contribution plan with […]

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Bardstown’s American Greetings to close in 2019

March 13th, 2018 | Leave a comment.

A long-time company in Bardstown, Ky. announced on March 6 it’s closing in early 2019. American Greetings announced it will close in February of next year. It currently employs about 450 people.1  That facility opened back in 1984 and was responsible for greeting card manufacturing. It has had a series of layoffs, part of it […]

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