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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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

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 »

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

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

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

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 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 »

United Furniture lays off its entire workforce Monday night before Thanksgiving

United Furniture lays off its entire workforce Monday night before Thanksgiving

United Furniture laid off its entire workforce on the night of Monday, November 21. About 2,700 employees lost their jobs, most of whom live in northeast Mississippi. The Daily Journal provides updates throughout the day on this developing story. CREATE, the Salvation Army mobilizes to help affected families (3:48 p.m. update) The sudden overnight layoff …

United Furniture lays off its entire workforce Monday night before Thanksgiving Read More »