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Nearly 600 Wells Fargo employees face layoffs in Winterville

April 24th, 2018 | Leave a comment.

WINTERVILLE — Wells Fargo will layoff 593 employees at its Winterville service center at 1451 Thomas Langston Road, according to a filing with the N.C. Department of Commerce. The notice said affected employees may receive a formal, written notice between June 21 and Oct. 18. Source – North Carolina Business News Wire — April 19, 2018 Wells […]

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Qualcomm to lay off over 1,000

April 20th, 2018 | Leave a comment.

SAN DIEGO (KGTV) – The San Diego Workforce Partnership confirmed that 1,231 Qualcomm employees will be laid off by June 19 from the company’s Sorrento Valley headquarters. Source – KGTV QUALCOMM Incorporated Employee Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86. […]

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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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Devon to lay off 300 employees

April 16th, 2018 | Leave a comment.

OKLAHOMA CITY – Devon Energy Corp. confirmed April 10th, 2018 it will lay off 300 employees. The layoffs will affect all the company’s business segments and will happen over the course of the coming weeks. More information could not be provided on where the affected employees are located or when the layoffs will begin or […]

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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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