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Economy
Over 1,300 layoffs hit logistics companies across US
2024-04-15
[Freight Waves] Texas, Florida, Illinois, Michigan and Georgia firms say market conditions, loss of customers forced job cuts.

Layoffs continue across the freight and logistics industry, with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks.

Universal Logistics
Warren, Michigian-based Universal Logistics is permanently shuttering two of its subsidiaries and laying off a total of 677 employees, according to notices recently filed with the state.

The layoffs are related to Universal-operated entities Logistics Insights Corp. and Universal Dedicated of Detroit, an auto parts warehousing and logistics facility. Both operations were in Detroit.

Universal Dedicated of Detroit’s closure will affect 230 truck drivers who worked from the facility. Logistics Insights Corp.’s closure includes 164 warehouse workers, 212 forklift operators, 26 dockworkers and 45 clerical employees.
Posted by:Besoeker

#4  Unhappy, newly unemployed voters looking at 6 mos of unemployment benefits ending in Nov.

I wonder how that will turn out.
Posted by: Skidmark   2024-04-15 15:02  

#3  Gee. Who would have guessed that when the COVID stimulus ended and inflation tied the Feds hands, the economy would have to contract.
Posted by: M. Murcek   2024-04-15 09:49  

#2  Tesla lays off more than 10% of its workforce
Posted by: Skidmark   2024-04-15 09:43  

#1  L3Harris lays off unspecified number of Greenville staff as part of company-wide cutbacks

Melbourne-based defense giant L3Harris reducing its workforce in cost-cutting effort
Posted by: Skidmark   2024-04-15 07:01  

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