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Severance Package

Kohl’s Closing 27 Stores Across The US Including In NJ Kohl’s Closing 27 Stores Across The US Including In NJ
Kohl’s Closing 27 Stores Across The US Including In NJ Kohl’s announced Thursday, Jan. 9, the closure of 27 underperforming stores, including locations in Pennsylvania, New Jersey, Massachusetts, and Virginia, as part of its 2025 real estate changes. The closures are expected to be finalized by April 2025 and are part of the company’s strategy to strengthen its store portfolio while adapting to evolving consumer trends. Among the affected locations are stores in Pennsylvania, New Jersey, Massachusetts, and Virginia. Pennsylvania Pottstown – 351 W Schuylkill Rd. New Jersey East Windsor – 72 Princeton Hightstown Rd. Massachusetts Stoug…
400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program 400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program
400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program More than 400 employees will lose their jobs as REI closes its Experiences program, ending the adventure travel and outdoor education programs that have been part of the retailer’s identity for 40 years. REI announced the shutdown of its Experiences division in a news release on Wednesday, Jan. 8. The decision will result in 438 layoffs for 180 full-time employees and 248 part-time guides as the company shifts focus to its core business. The retail chain cited ongoing financial challenges as the reason for ending the program. Experiences included adventure travel, day to…
NY Daily News Lays Off Half Of Newsroom Staff NY Daily News Lays Off Half Of Newsroom Staff
NY Daily News Lays Off Half Of Newsroom Staff “New York’s Hometown Paper,” the New York Daily News has seen its editorial staff gutted with half of those working in the newsroom being fired as part of a “fundamental restructuring," parent company Tronc announced on Monday in an email to employees,  “If you hate democracy and think local governments should operate unchecked and in the dark, then today is a good day for you,” editor-in-chief Jim Rich, who was also among those fired, posted on Twitter. According to multiple reports, the staff of the iconic tabloid in its 99th year of operation was informed during a one-minute meeting…