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

Leave a Comment / Economy / By

Country the United States of AmericaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic …

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

United Furniture owner 'disappeared' after laying off 2,700 workers: sources

United Furniture owner ‘disappeared’ after laying off 2,700 workers: sources

Leave a Comment / Economy / By

The owner of United Furniture Industries – who last week fired 2,700 workers by text and email while they slept – disappeared after arguing with the company’s board and bankers over whether to file for bankruptcy, The Post has learned. David Belford, a wealthy businessman from Ohio, has remained a mum since the layoffs of …

United Furniture owner ‘disappeared’ after laying off 2,700 workers: sources Read More »

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

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

Leave a Comment / Economy / By

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 …

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

United Furniture employee: Company-wide layoff 'teared me apart'

United Furniture employee: Company-wide layoff ‘teared me apart’

Leave a Comment / Economy / By

She was looking forward to a big family for Thanksgiving when Toria Neal received a text that changed her life: the mother of four was losing her job, along with everyone else in her business. “I couldn’t believe my eyes,” Neal, 36, told The Post. “The text stated that we were all made redundant and …

United Furniture employee: Company-wide layoff ‘teared me apart’ Read More »