Online retailer Zulily is shutting down, laying off hundreds of workers
The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed.
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layoff watch
Workers at defense contractor in Elizabeth City to lose jobs, Business NC reports
A switch in military contracts will result in job losses for more than 90 workers who perform aircraft maintenance on C-130s at the U.S. Coast Guard base in Elizabeth City.
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Precast concrete firm in Oxford to lay off 77 workers and close plant, Business NC reports
Gate Precast says it will lay off those workers by Feb. 9, 2024, and that further layoffs of less than 50 workers will occur after that, with the plant permanently closing on July 1, 2024.
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GM is cutting jobs: 1,300 at Michigan plants, 900 at self-driving subsidiary
General Motors will lay off about 1,300 workers from two of its Michigan plants, according to WARN notices the company has filed with state regulators. But that’s not all.
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Plastics parts manufacturing plant in Mocksville to close; layoffs coming
Plastic parts manufacturer Carolina Precision Plastics plans to close its Mocksville plant in 2024 and lay off 52 workers, according to a filing with the NC Department of Commerce.
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Layoffs in Charlotte: Ad agency laying off 14% of employees
Wray Ward, one of Charlotte’s largest advertising agencies, is laying off more people, according to a report in The Charlotte Observer.
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CEO: Wells Fargo may set aside $750M or more for severance costs
Wells Fargo, which employs thousands of people across North Carolina, is expecting to make layoffs in 2024, its CEO saying Tuesday that the company may set aside $750 million or more for severance costs.
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Sour notes at Spotify – music streamer cutting 17% of its staff
Spotify will lay off around 1,500 employees to reduce costs in a third round of job cuts this year, CEO Daniel Ek said Monday as he announced a “significant” strategy shift for the music-streaming company.
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Amazon cutting hundreds of jobs in Alexa group, issues new return-to-office warning
Amazon is once again doubling down on its return-to-office mandate, warning staff that not complying could impact their chances of being promoted. The warning comes as the internet giant also is cutting jobs.
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