Tens of Thousands of Americans Made Redundant at Large Companies

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Americans,Redundant,Large Companies

According to Warn Tracker, tens of thousands of Americans have been made redundant at large companies this year. The website tracks upcoming layoffs based on WARN notices, which are mandated by the WARN Act. California has the highest number of job losses so far.

Tens of thousands of Americans have been made redundant at large companies this year. according to Warn Tracker, a website that tracks upcoming layoffs based on WARN (Worker Adjustment and Retraining Notification Act of 1988) notices.The WARN Act mandates that employers conducting large-scale layoffs or closures notify employees as well as state government officials of job losses at least 60 days in advance.

WARN notices must be served by companies that have 100 or more full-time employees or 100 or more employees who, in aggregate, work at least 4,000 hours per week, excluding overtime.Warn Tracker found that 68,455 job losses have occurred just three months into 2024.The state with the highest number of job losses so far is California. According to the WARN tracker, 18,274 employees have lost their jobs across 298 WARN notices. Washington is in second place with 6,593 layoff

 

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