Starbucks cuts 1100 Corporate Employees redesigns menu. WorkDay, replace 2000 jobs/humans with A.I. Joann Fabrics, 80 years, 800 Stores Closed, Out Of Business It’s all about pleasing the investors. Some, like Workday, cuts USA jobs and hires in other countries for PENNIES/MINOR DOLLARS per hour. Workday opened offices, hired 2000 people in Costa Rica, Ireland … Continue reading UNEMPLOYMENT-Joann OUT-Starbucks-Workday CUTS JOBS
Nikola WAS worth $30 Bn Now worth $37.12 Mn CEO T. Milton, convicted of fraud, sentenced to serve 4 years Jobs lost and Lists Assets for sale Current Stock Price $.44 a Share and declining Financial Struggles Force Nikola to Seek Bankruptcy Protection Electric vehicle (EV) manufacturer Nikola Corporation announced on Wednesday that it … Continue reading JOBS LOST-Nikola DIES-files Ch 11-CEO Convicted of Fraud
The company is letting go of %15 percent of it’s workforce.1750 Jobs cut by April! 1st time in 53 years! Current Stock %46 LOWER in the past 5 years! Still reporting positive cash flow and %202.17 Profit in last quarter (12/2024) First Involuntary Job Cuts in Company History Southwest Airlines has announced plans to … Continue reading SouthWest Airlines – 1750 Jobs Cut by April
This is a huge BLOW to the economy/job market in Texas, Tennessee, New York and Florida…. They ARE/WERE HQ in Miami, Florida! When the HQ goes under, it’s done! JOBS LOST! Stock price was $488 – $490 a share on January 2021 to $.0010 a share today, January 16th 2025! Estimated 1450 to 2000 jobs … Continue reading JOBS LOST -Caremax Inc – Huge HealthCare Provider CHAPTER 11 BANKRUPTCY
Retailer Big Lots on Tuesday received a bankruptcy judge’s approval; allowing 200 to 400 stores to remain open under new ownership. IF the transaction can be finalized! Quoted, https://www.biglots.com/ 01/02/2025 SOME JOBS SAVED! U.S. Bankruptcy Judge Kate Stickles has approved a revised asset sale for Big Lots during a court hearing in Wilmington, Delaware, marking … Continue reading Big Lots – Survival of 200-400 Stores and 900 closing!
PARTY CITY is going, going, gone… Out Of Business or… restructure? Well, yea. I’m shocked they stayed alive this entire time. Their prices are sky high…. Really, who wants to pay $5 to $20 USD for a single Balloon? Retail space rental costs are high; I’m shocked they didn’t push to own real estate. RUMOR … Continue reading PARTY CITY is going, going, gone… Out Of Business!
Macy’s to Close 65-150 Stores 45 Bloomingdale’s, issues Layoffs! The major retailer is restructuring. Macy’s Inc., once a leading name in American retail, has announced an accelerated plan to close 65 stores by the end of the year, as part of a broader effort to shutter 150 underperforming locations over three years. This decision, revealed … Continue reading Macy’s to Close 65-150 Stores 45 Bloomingdale’s, issues Layoffs!
