Economic experts predicted 2024 would be a year of layoffs, and three companies have announced mass staffing cuts this week.
In three separate WARN notices, ShipMonk, Aludyne and Student Transportation of America said they were letting hundreds of employees go, and three states will bear the brunt of the layoffs.
Employers are required to send out these notices under the Worker Adjustment and Retraining Notification Act, mandating they alert the public that they will lay off workers within a 60-day notice window.
The heavily impacted states are New Jersey, Georgia and Florida.
In New Jersey, e-commerce fulfillment company ShipMonk will lay off 148 workers by June 30. The company has nearly 600 employees, so that represents 25 percent of…
