It’s worse than your leaders will admit to: U.S. retail/banking/service sector collapse, August 2018

Incomplete list of U.S. retail/banking/service sector job loss WARNings and store shutdowns made or announced in August 2018:

WARN=Worker Adjustment & Retraining Notification

MarketWatch: Chief executives who are paid less than their peers are four times more likely to lay off their employees

BoundingIntoComics: Comic Stores Nationwide Close Up

CALIFORNIA: Wells Fargo layoffs in Rancho Cordova may be harbinger for mortgage industry

Deluxe Entertainment lays off 46 in Burbank

SeaWorld cuts 125 jobs

Target plans to close San Bernardino store (108 jobs gone according to WARN)

BMA Car Wash issued a shutdown WARN for their Canoga Park location, 47 jobs gone by the end of September.  Hotel/resort manager Pyramid Petaluma Management issued a layoff WARN for its ops in Petaluma, 89 jobs gone by the end of September.  Law company Archer Norris shutting down, at least 106 jobs gone by mid October! Global Cash Card eliminating 228 jobs in Irvine by mid-October!  Banc of California shutting down locations in Santa Ana and Whittier.  Airport services contractor Menzies Aviation eliminating 172 jobs in San Francisco by mid-October!  Also in San Francisco, InterContinental Hotels Group Resources eliminating 186 jobs right after Halloween!  Insurance company Allstate issued a shutdown WARN for its ops in San Diego, 58 jobs gone right after Halloween. Rainbow Disposal issued a layoff WARN for its ops in Huntington Beach, 71 jobs gone right after Halloween. The decision by Lowe’s to shutdown all its Orchard Supply Hardware will result in more than 1-thousand-3-hundred Californians becoming jobless by mid-October (according to official WARN)!

COLORADO: Niwot based Crocs shutting down its last shoe factory

FLORIDA: Wells Fargo lays off 137 from Orlando mortgage operations

The Orchard Supply Hardware shutdowns will result in 293 Floridians becoming jobless by mid-October!  1st Global Capital issued a WARN, 108 jobs gone by October!

GEORGIA: The following companies announced or conducted layoffs in August; Bob McCormick and Associates, Clean Break Cleaning, Crowne Plaza Atlanta Perimeter/Ravinia, State Farm Insurance Companies, for a total of 166 jobs lost!

HAWAII: Volcano and hurricane blamed for economic shutdown

ILLINOIS: Moline businesses worry about future after Best Buy closes

INDIANA:  After 44 years, Richmond’s Elder-Beerman shuts down

Security guard contractor Andy Frain issued a shutdown WARN, 148 jobs gone by the end of September!

IOWA: Wells Fargo eliminating 25 jobs in West Des Moines.

MARYLAND: Wells Fargo to lay off 42 additional mortgage workers 

MICHIGAN: Multichannel customer experience ForeSee lays off Ann Arbor employees

MINNESOTA: Waseca Hy-Vee issued a shutdown WARN, 136 jobs gone by the end of September!

NEVADA: Cortez Masto slams Wells Fargo for laying off hundreds in Reno 

NEW HAMPSHIRE: Merrimack based Brookstone Is Closing all Its 101 Mall Stores

NEW YORK: JPMorgan Chase & Co. is laying off about 100 employees

White Plains Walmart shuts down a day earlier than expected

Best Buy issued a shutdown WARN for its store in Liverpool, 76 jobs gone by November. Sterling National Bank WARNed the state that all its offices were shutting down due to being taken over by competitor Astoria Bank. Wells Fargo issued a shutdown WARN for its Pittsford ‘fulfillment unit’.  ‘Intellectual property company’ Fitzpatrick, Cella, Harper & Scinto issued a layoff WARN, 127 jobs gone due to merging with competitor Venable!

NORTH CAROLINA: Mooresville based Lowe’s to close all 99 Orchard Supply Hardware stores 

What’s behind Wells Fargo’s latest layoffs in the Charlotte region

Layoff Notices: 550 workers impacted

OHIO: Cincinnati-based Proctor & Gamble has cut 36,000 jobs since the spring of 2012

Car parts packer Orbis eliminating 105 jobs

Columbus based Victoria’s Secret closing 20 stores

Cincinnati based Macy’s shares tumble as department store struggles to grow sales

Elder-Beerman begins closures of Dayton-area stores

OREGON:  Lowe’s-Orchard Supply Hardware issued a shutdown WARN, 112 jobs gone by mid-October!

PENNSYLVANIA: Coraopolis based Dick’s Sporting Goods’ shares slide as sales miss expectations

York based Bon-Ton Stores is about to disappear

SOUTH DAKOTA: South Dakota unions protest Citi layoffs, bank outsourcing

TEXAS: Capital One to lay off 286 employees from Plano office

Plano based JC Penney Faces Prospects of Closing Dozens of Stores Soon

Houston based Mattress Firm is closing hundreds of stores 

VIRGINIA: Nearly 100 Delta Global Services employees to lose jobs at RIC

WISCONSIN: Kohl’s cuts 60 technology jobs

Despite selling online, Milwaukee based iconic Carson Pirie Scott suddenly shutdown all stores and is going out of business (unless somebody is willing to buy the retailer and keep it alive)

Despite selling online, the end is near for Milwaukee based Younkers

Best Buy issued a shutdown WARN for its store in Grafton, 68 jobs gone by November.

U.S. FOOD CRISIS, August 2018:OUTBREAKS & RECALLS

SEARS KMART DEATH SPIRAL, August 2018: “A BIG RISK.”

U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, August 2018:“UNPRECEDENTED DECLINES” “UNEXPECTED AND UNFORESEEABLE”

U.S. INDUSTRIAL/MINING/LOGISTICS layoffs, August 2018:“A 45-PERCENT DECLINE”

U.S. GOVERNMENT SHENANIGANS, August 2018:ARE COPS THE NEW #1 ENEMY OF THE PEOPLE? IDAHO RAPES TAXPAYERS!

DUMBING DOWN THE U.S.A., August 2018:BARRICADES, ACTIVE SHOOTERS & MAGA

OBAMACARE ACA DEATH SPIRAL, August 2018:“SIGNIFICANT FINANCIAL DIFFICULTIES”

DRUGS, THE AMERICAN WAY, August 2018:‘SEVEN DAYS OF HELL’ ‘1.5 MILLION LETHAL DOSES’

U.S. RETAIL/BANKING/SERVICE SECTOR COLLAPSE, JULY 2018: “WE SURVIVED TARGET. WE SURVIVED WALMART, BUT WE COULDN’T SURVIVE THE ROAD CONSTRUCTION…”