Here are nine articles covering company layoffs and closures in Charlotte
Discover the latest updates on significant layoffs and plant closures in the Charlotte region.
January, 2024 - November, 2024
The Charlotte region is grappling with significant company layoffs and closures, impacting various sectors from medical supply to health services. Medline Industries is closing its Charlotte-area distribution center, leading to 220 job losses as operations relocate to Mebane. Lowe's corporate office faced layoffs as part of operational improvements. Similarly, American Airlines, restructuring to enhance customer service, has laid off 656 employees. Piedmont Lithium, dealing with falling prices, cut 27% of its workforce. Novant Health will cut 171 IT-related jobs, attributing layoffs to an outsourcing shift. Multiple packaging firms, including UPS and Graphic Packaging International, are slashing jobs amid operational consolidations. Albemarle Corp. continues workforce reductions post a $1 billion loss. Additionally, Tegra Global's Concord facility closure will result in 61 layoffs due to economic pressures. These moves underscore a broader trend of cost-cutting and operational restructuring within the region's companies.
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