According to the most recent WARN notification submissions from firms in Ohio, about 2,000 workers will be let off beginning in 2025.
As the new year approaches, current data from the WARN (Worker Adjustment and Retraining Notification) tracker show that thousands of layoffs are expected in Ohio in early 2025.
This data reveals a disturbing trend in the labor market that might have serious consequences for both workers and the local economy.
Employers employing more than 100 full-time employees are required by the Worker Adjustment and Retraining Notification Act to submit 60 days’ notice before laying off 50 or more workers at a single location.
This law seeks to protect employees by allowing them enough time to prepare for the transfer and seek new employment alternatives.
Employers must send these letters to the Ohio Department of Job and Family Services, which keeps track of layoffs.
According to the most recent updates, layoffs in Ohio are projected between January and February 2025.
This comes after a tough year for the state, which has already seen about 12,016 WARN layoffs across 92 different industries.
Among the companies that have filed WARN letters with the state, some are large employers in their industries.
- American Freight Group LLC. 62 job cuts by 2/3/2025.
- idX Corporation. 66 job cuts by 1/22/2025
- American Sugar Refining. 90 job cuts by 1/11/2025.
- Mobis North America. 210 job cuts by 1/5/2025.
- KUKA Toledo Production Operations LLC. 160 job cuts by 1/5/2025.
- FCA US. 1,134 job cuts by 1/5/2025.
- PPC Flexible Packaging LLC. 68 job cuts by 1/3.
These layoffs not only affect the individuals directly affected, but they also have a knock-on effect on local economies, as lower income can lead to lower spending and additional economic issues.
The revelation of these layoffs comes while many people are still suffering from the effects of earlier economic setbacks.
Workers experiencing layoffs may find themselves in a tough situation, balancing a competitive job market with the emotional and financial burden that comes with job loss.
Subscribing to newsletters or choosing for push alerts will help you remain up to date on layoff news and other economic information.
Keeping up with changes in the work market might help people prepare for prospective changes in their employment situation.
As Ohio advances into 2025, the situation remains unstable, and the effects of these layoffs are expected to be felt in a variety of areas.
Following resources such as Daily Market News can provide vital insights into current developments.