Article

2022-12-02 Economy

United Furniture owner 'disappeared' after firing 2,700 workers: sources

[NYPOST] The owner of United Furniture Industries — which last week fired 2,700 workers through texts and emails while they slept — has disappeared after squabbling with the company’s board and bankers over whether to file for bankruptcy, The Post has learned.

David Belford, a wealthy Ohio businessman, has kept mum since the layoffs of his entire workforce in Mississippi, North Carolina and Caliphornia, an impregnable bastion of the Democratic Party, in the days before Thanksgiving — despite efforts by lenders and lawyers representing axed workers to reach UFI, according to multiple sources.

"No one has heard from the owner. He’s not returning anyone’s phone calls. It’s such a horrible situation," one source with knowledge of the situation told The Post.

The Post has made several attempts to contact Belford. One attorney representing hundreds of laid off employees in Mississippi, Philip Hearn, said rumors are swirling among former employees that Belford had jetted off to Gay Paree after the firings.

Posted by Fred 2022-12-02 00:00|| || Front Page|| [27 views ] Top

#1

Well, there are 2,700 reasons why he might be unavailable. ☺

Posted by NN2N1 2022-12-02 06:50|| 2022-12-02 06:50|| Front Page Top

#2 I wonder which party the bulk of his political donations went to?

Posted by M. Murcek 2022-12-02 07:23|| 2022-12-02 07:23|| Front Page Top

#3 ...said rumors are swirling among former employees that Belford had jetted off to Gay Paree after the firings

...or Tony sent the boys to collect on the big debt.

Posted by Procopius2k 2022-12-02 07:57|| 2022-12-02 07:57|| Front Page Top

#4 The way they handled benefits and severance seems to indicate that there's not going to be a bankruptcy and reorganization. Gone.

Posted by ed in texas 2022-12-02 08:55|| 2022-12-02 08:55|| Front Page Top

#5 The paroles will start rebelling soon!

Posted by Ulenter Glenter6061 2022-12-02 13:13|| 2022-12-02 13:13|| Front Page Top

#6 UG6061, paroles or proles?

Posted by AlmostAnonymous5839 2022-12-02 13:56|| 2022-12-02 13:56|| Front Page Top

#7 If not answering calls = disappearing, then I have no idea where I am..

Posted by Bangkok Billy 2022-12-02 15:52|| 2022-12-02 15:52|| Front Page Top

#8 Ha, choice!

Posted by Skidmark 2022-12-02 20:37|| 2022-12-02 20:37|| Front Page Top

#9 Somebody is getting an extra firm love seat.

Posted by Super Hose 2022-12-02 21:10|| 2022-12-02 21:10|| Front Page Top

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