Furniture

United Furniture owner 'disappeared' after company laid off 2,700 workers, report says

United Furniture owner ‘disappeared’ after company laid off 2,700 workers, report says

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'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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United Furniture Industries fired thousands of people via text and email while they slept

United Furniture Industries fired thousands of people via text and email while they slept

Days before Thanksgiving, a Mississippi-based furniture company laid off 2,700 workers across the country — via text and email — while many of them slept. United Furniture Industries has laid off nearly all of its workforce in the state, as well as employees in North Carolina and California, and in a blow, cut employee health …

United Furniture Industries fired thousands of people via text and email while they slept Read More »