Big Lots Closure: Retail Giant Shutters All Stores, Cuts 500+ Corporate Jobs
• 1 min read
Big Lots announced the closure of all 963 stores nationwide and the layoff of its corporate workforce following a failed buyout attempt. The dramatic end comes after the retailer's Chapter 11 bankruptcy filing, affecting over 27,000 employees across 48 states.
US Labor Market Shows Resilience Despite Regional Layoffs
• 1 min read
The US job market maintains stability with low overall layoffs, despite localized adjustments like the announced 121-worker reduction at Colorado's Brown Brothers Resources. The pattern indicates a gradual cooling rather than sharp decline, with job openings still available across industries.