#employee-impact

#employee-impact

Chevron will lay off 15% to 20% of its workforce, affecting up to 8,000 employees, to cut costs by $3 billion by 2026.

Thyssenkrupp Steel Europe plans substantial job cuts, notably affecting the Kreuztal-Eichen plant, leading to widespread employee distress and community ramifications.

Kohl's is closing its Stoughton store on January 18, impacting 77 employees.

Western Forest Products is temporarily cutting lumber production due to market challenges, affecting 800 employees and anticipating total reductions of 90 million board feet for the year.

Sunsundegui has initiated pre-bankruptcy proceedings due to severe liquidity issues and significant debt.

Rubio's Coastal Grill closed 48 restaurants in California due to the rising cost of doing business, affecting employees and reflecting broader economic challenges.