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Thursday, jan 30
Tag:
Layoffs
Business
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy
Spirit Airlines is laying off about 200 employees as the company tries to survive amid bankruptcy proceedings. The budget carrier will eliminate the positions across various departments, a company spokesperson told Daily Voice on Thursday, Jan. 16. The move came as Spirit looks to emerge from Chapter 11 bankruptcy, which it filed for in November 2024. The layoffs, which follow recent pilot furloughs, aim to align the airline's staffing with its current fleet size and level of flying while achieving $80 million in annual cost reductions. "These decisions are never made lightly, and we are c…
Business
Big Lots To Lay Off Pennsylvania County Distribution Center Workers
Hundreds of workers will lose their jobs in early 2025 as Big Lots winds down operations at its Pennsylvania distribution center near Tremont, Schuylkill County, according to a WARN notice. The Columbus, Ohio-based retailer plans to lay off 505 employees at its Rausch Creek Road facility, with layoffs starting January 6 and completing by March 31. This distribution center is one of five nationwide and the only one serving the northeastern U.S. The announcement comes amid a turbulent period for Big Lots, which recently disclosed that a planned company sale had fallen through. As a result, th…
Business
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,…
Business
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.
Business
CVS Health Cutting 150+ Jobs From PA, 5K Across Country
CVS Health is eliminating 157 jobs from its Pennsylvania offices, part of the healthcare giant’s larger plan to cut 5,000 jobs nationwide. CVS Health plans to cut the jobs at its Aetna office at Union Meeting Road in Blue Bell. The layoffs will begin on Oct. 21 and continue until Dec. 30, according to documents filed with the Pennsylvania Department of Labor & Industry. The Blue Bell office will remain open. The company is undergoing a massive restructuring and recently announced it would be cutting 5,000 workers. Earlier this month, CVS Health filed documents with…
Business
PA's David's Bridal Laying Off 9,200 Employees Amid Bankruptcy Filing
Montgomery County's own David's Bridal will send more than 9,000 workers home in an upcoming round of layoffs, according to a disclosure form it filed with the state Department of Labor and Industry. The Conshohocken-based wedding retailer expects to lay off 9,236 employees nationwide in a three-phase plan that began on Friday, April 14, according to the state website. It's not clear how many of those workers are in Pennsylvania, though the layoffs are expected to affect locations in Blair, Dauphin, Delaware, Erie, Luzerne, and York counties, as well as four shops in Allegheny C…
News
Freshly Laid Off Netflix Workers Share Their Stories On Twitter
A bevy of laid off Netflix workers are airing their grievances on Twitter, and the world is watching. The layoffs come from the company's newly-launched fan site Tudum, Deadline reports. Tudum was named after the sound that Netflix makes when it opens. A Netflix spokesperson responding to Daily Voice's request for comment said only that "our fan website Tudum is an important priority for the company," and did not disclose an exact number of layoffs. Meanwhile, former employees are on the hunt for work. Netflix last week reported a significant subscriber loss, its first since 2011. The 26 …
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