Trendy Job Market Shock: New Round of Layoffs Hits Arizona Businesses

Trendy Job Market Shock New Round of Layoffs Hits Arizona Businesses

As more companies in the state submit WARN notifications warning of impending layoffs, Arizona is experiencing a fresh wave of unexpected layoffs.

Employers with over 100 full-time employees are required to give 60 days’ notice before laying off 50 or more employees at a single location under the Worker Adjustment and Retraining Notification (WARN) Act.

According to the Arizona Department of Economic Security, Newrez is the most recent corporation to announce layoffs.

There will be a total of seventy-eight layoffs at the Tempe location.

Nevertheless, Newrez isn’t the sole Arizona-based firm that has announced layoffs for the near future.

Trendy Job Market Shock New Round of Layoffs Hits Arizona Businesses

Listed below are some of the Arizona firms informed of their layoffs:

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  • Approximately 543 people working at Northrop Grumman in Chandler will be losing their jobs.
  • There will be 64 layoffs as a consequence of Panera Bread’s announcement that its dough-making facility in Chandler will soon close.
  • There will be 261 layoffs at Scottsdale’s Evernorth Care Group.
  • Tucson-based TuSimple is reducing its workforce.
  • There will be 546 layoffs at the Tucson-based Kalil Bottling Company.
  • There will be 45 layoffs in the Phoenix office of the All of Us Research Program.
  • Cinco employees will be let go by Obvio Health.
  • In Phoenix, Walmart has laid off seventy-four workers.
  • Sanivers is cutting 42 jobs in Phoenix.
  • Layoffs at Devine Holdings in Mohave Valley

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