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Layoffs

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Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…

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by Joe Lombardi
Business
Hearst Lays Off Around 200 Employees From Magazine Division Hearst Lays Off Around 200 Employees From Magazine Division
Hearst Lays Off Around 200 Employees From Magazine Division Hearst Magazines has just fired around 200 employees, most of whom were assigned to the company's midtown Manhattan headquarters, according to multiple reports. Cosmopolitan, Esquire, Good Housekeeping, Men's Health, Popular Mechanics, Town & Country, and Harper's Bazaar are among the titles the division of Hearts Communications publishes. Affected employees were notified in a private meeting days before Thanksgiving, according to New York Magazine. Some of the Hearst publications :were already run by a skeleton crew" after years of downsizing, the report in New York said.

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by Joe Lombardi
Business
CVS To Lay Off Nearly 3K Workers CVS To Lay Off Nearly 3K Workers
CVS To Lay Off Nearly 3K Workers CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said.  "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…

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by Joe Lombardi
Business
Anheuser-Busch To Cut 200 Jobs At Mass. Facility Anheuser-Busch To Cut 200 Jobs At Mass. Facility
Anheuser-Busch To Cut 200 Jobs At Mass. Facility Anheuser-Busch has alerted state officials that it plans to eliminate nearly 200 jobs at a facility in Medford later this year, reports said.  The brewer plans to transfer its AB One wholesaler on Riverside Avenue to Quality Beverage, which already has distribution locations in Chicopee, Auburn, and Taunton.  “We are working with Quality Beverage to ensure a smooth transition for our operations, including fully supporting our local teams, and as part of this ongoing transition, we expect that some opportunities will be made available for Boston employees with the Quality Beverage …

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by Josh Lanier
Business
Gannett Lays Off Staffers Across Region, Nation Following $54 Million Quarterly Loss Gannett Lays Off Staffers Across Region, Nation Following $54 Million Quarterly Loss
Gannett Lays Off Staffers Across Region, Nation Following $54 Million Quarterly Loss The largest newspaper publisher in the United States has laid off employees at newspapers across the country following a nearly $54 million quarterly loss, according to multiple news outlets. Gannett's layoffs on Friday, Aug. 12, impacted numerous newsrooms, according to a report from Poynter. Gannett has not released information on the number of employees who were laid off, how many of its 250 newspapers were affected, or whether there will be further staffing cuts. Gannett, which owns USA Today, reported a $53.7 million net loss in its second-quarter report. Adrian Szkolar, a producer a…

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by Nicole Valinote
Business
Best Buy To Cut 5,000 Jobs, Close Stores As Customers Shift To Online Purchases Best Buy To Cut 5,000 Jobs, Close Stores As Customers Shift To Online Purchases
Best Buy To Cut 5,000 Jobs, Close Stores As Customers Shift To Online Purchases Best Buy is laying off thousands of workers as the retail giant plans to close some brick-and-mortar stores as the company transitions to focus on its e-commerce business. This week, Best Buy announced that it is laying off 5,000 employees this month with plans to close more stores this year after consumers concentrated on online shopping during the COVID-19 pandemic. According to the company, approximately 40 percent of its sales in the past year came from online purchases, up from 19 percent two years ago, forcing the retailer to transition its business model. While Best Buy laid off 5,0…

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by Zak Failla
Business
Lay-Offs At MassMutual Coming In December Lay-Offs At MassMutual Coming In December
Lay-Offs At MassMutual Coming In December MassMutual has plans to layoff more than 80 workers from one of its Connecticut offices. In a Worker Adjustment and Retraining Notification (WARN) letter to the state by Amy Dias Mass Mutual’s head of human resources consulting and talent management, Mass Mutual says it will layoff 82 workers at its Enfield facility on Bright Meadow Boulevard. The layoffs are due to Springfield-based Massachusetts Mutual Life Insurance Company, aka MassMutual's decision to sell its retirement plan business. Dias said the layoffs would take effect between Dec. 21 and Jan. 4, 2021 and that all affected emplo…

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by Kristin Palpini
Business
Paper Factory To Layoff Half Of Its Workforce Following Acquisition Paper Factory To Layoff Half Of Its Workforce Following Acquisition
Paper Factory To Layoff Half Of Its Workforce Following Acquisition Nearly 50 people are being laid off from a 140-year-old factory following an acquisition by a Kentucky company. A Massachusetts Worker Adjustment And Retraining Notice (WARN) has been filed by Hampden Paper Inc., of Holyoke. In the notice, the company said it will lay off 49 employees effective Nov. 30. The company has about 100 employees. Hampden Paper on Water Street is one of the few remaining paper manufacturers in the Paper City. The company has been acquired by LLFLEX, a packaging business. LLFLEX said it is interested in combining its packaging with the laminating, sheeting, coatin…

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by Kristin Palpini
News
Nursing Home Lays Off Entire Staff Nursing Home Lays Off Entire Staff
Nursing Home Lays Off Entire Staff A longterm care facility is laying off its entire staff by the end of November. More than 100 employees are being laid off from long-term rehabilitation facility and nurinsg home  Mount Saint Vincent Care Center in Holyoke. On Friday, Sept. 18, Mount Saint Vincent officials notified the state that by mid-November it will have laid off 106 employees. The 125-bed health care facility has been purchased by iCare Health Network, which plans to rehire some current employees, according to MassLive. The facility had previously been owned by Trinity Health of New England.

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by Kristin Palpini
News
UMass Amherst, Unions Square Off On Cost-Saving Measures During COVID-19 UMass Amherst, Unions Square Off On Cost-Saving Measures During COVID-19
UMass Amherst, Unions Square Off On Cost-Saving Measures During Covid-19 Two labor unions allege that the University of Massachusetts Amherst is pushing for hundreds of layoffs if employees don’t agree to certain concessions. UMass Amherst officials say the cuts are necessary to make ends meet during the COVID-19 crisis. The Professional Staff Union and the University Staff Association say that they have filed complaints with the state against UMass. Administrators, the unions said, have asked employees to make up $5.2 million in voluntary staff cuts and early retirements, but that they have not justified the cuts. “UMass Amherst Chancellor Kumble Subbaswamy is…

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by Kristin Palpini
Business
UPDATED Wave of Pink Slips Hit As Amazon Cuts Ties With Local Companies - Offers New Jobs UPDATED Wave of Pink Slips Hit As Amazon Cuts Ties With Local Companies - Offers New Jobs
Updated Wave of Pink Slips Hit As Amazon Cuts Ties With Local Companies - Offers New Jobs Hundreds of delivery drivers will be laid off in the coming months as small logistics companies are dropped by mega-online retailer Amazon. In this round, Courier Distribution Systems, LLC, will layoff or reduce the hours of 238 employees across its Milford, Dedham, and Everett facilities, according to a WARN letter filed with the Massachusetts Rapid Response Team. In July, Systemized Logistics of Bristol, Connecticut, announced 50 employees would be laid off due to a decline in orders from Amazon, the company owner said in a WARN letter. The company made another 70 layoffs between its Mass…

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by Kristin Palpini
Business
Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores
Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores Men’s Wearhouse and Jos. A. Bank will close up to 500 stores and lay off 20 percent of its corporate workforce, the California-based company has announced.  Massachusetts and Connecticut combined have more than two dozen such stores. The company has not announced a timeline for closure. Although the company is yet to name which stores are subject to closure: Connecticut has Men’s Wearhouses and Jos A. Banks in over 12 communities including West Hartford, Danbury, Milford, Enfield, Meriden, Glastonbury, and Fairfield. In Massachusetts, shops for Men's Wearhouse and Jos. A. Bank can be…

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by Kristin Palpini
Business
Hewlett Packard In Westborough Laying Off 150 Workers Hewlett Packard In Westborough Laying Off 150 Workers
Hewlett Packard In Westborough Laying Off 150 Workers Hewlett Packard Enterprise reportedly has laid off 146 employees at its Westborough office. The company filed a "WARN" notice with Massachusetts on July 14 that said lay-offs would take place the week of July 24, according to the MassHire Department of Career Services. A WARN notice triggers a response from the state-run “rapid response team,” which comes in when a company has planned mass lay-offs. The team seeks to help laid-off employees find new work, services, and skills.  The layoffs are taking place three years after Hewlett Packard purchased SimpliVity and its office in Westbo…

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by Kristin Palpini