MJP –
California is currently seeing a new wave of large-scale layoffs as an increasing number of businesses have filed WARN warnings informing of impending job losses.
Keep in mind that sixty days before plant closures or mass layoffs, firms are required to give workers and government officials notice under the Worker Adjustment and Retraining Notification Act (WARN).
Employees are guaranteed a minimum amount of time under this federal statute to look for other jobs or ways to reskill.
Just recently, the California Employment Development Department has received multiple WARN notifications.
Hundreds of jobs were to be eliminated in Los Angeles, California, as Paramount Global just stated.
On October 12, the entertainment company announced that 288 workers would be let off. Its US staff will be reduced by about 15% as a result of this.
Still, many California companies are laying off workers, Paramount included.
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Corporate Cutbacks: Companies Announcing Significant Layoffs and Hiring Freezes
Companies in California that will be laying off workers in the future months are listed below:
- Laguna Niguel will be losing 31 employees, according to an announcement from ITC Federal made on October 18.
- The Huntington Beach location of Hybrid Apparel will be closing on October 4th, leading to layoffs.
- Employees at Mosaic Culver in Culver City will be let go.
- Near Fremont, 42 employees will be let go by Velo 3D.
- There will be 127 layoffs at Fibro Gen’s San Francisco-based office.
- San Diego-based Illumina will be laying off 49 employees on October 1.
- San Diego-based Ajinomoto Bio-Pharma Services will be laying off 127 employees on September 30.
- There will be 141 layoffs at Vir Biotechnology in the Bay Area.
- Santa Ana-based Vytalogy Wellness is laying off 33 employees.
- A total of twenty-three employees have been let go by the Texas Scenic Company in Industry.
- Across its two locations in Bloomington and Stockton, Pitney Bowes is laying off 348 employees.
- There will be layoffs at Adventist Health’s Simi Valley location.
- Fastly has announced the layoff of 52 San Francisco employees.
So far this year, there have been roughly 20,000 layoff filings in California, according to Warn Tracker.
