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Economy
United Furniture owner 'disappeared' after firing 2,700 workers: sources
2022-12-02
[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.
Related:
United Furniture Industries: 2022-11-26 United Furniture Industries laid off all 2,700 workers while they were sleeping
Posted by:Fred

#9  Somebody is getting an extra firm love seat.
Posted by: Super Hose   2022-12-02 21:10  

#8  Ha, choice!
Posted by: Skidmark   2022-12-02 20:37  

#7  If not answering calls = disappearing, then I have no idea where I am..
Posted by: Bangkok Billy   2022-12-02 15:52  

#6  UG6061, paroles or proles?
Posted by: AlmostAnonymous5839   2022-12-02 13:56  

#5  The paroles will start rebelling soon!
Posted by: Ulenter Glenter6061   2022-12-02 13:13  

#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  

#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  

#2  I wonder which party the bulk of his political donations went to?
Posted by: M. Murcek   2022-12-02 07:23  

#1  

Well, there are 2,700 reasons why he might be unavailable. ☺
Posted by: NN2N1   2022-12-02 06:50  

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