Location: New Jersey, USA.
Based on news reporting.
GEODIS Logistics, a federally funded shipping company, has announced plans to lay off over 400 employees in New Jersey. The layoffs are part of a restructuring effort as the company adjusts its operations. Specific details regarding the timeline for these layoffs have not been disclosed. The decision reflects broader challenges within the logistics sector, as companies navigate changing market conditions. This move is expected to significantly impact the local workforce and the company's operational capacity in the region.
GEODIS Logistics cut 400 jobs.
That is roughly 1% of the 40,000 people GEODIS Logistics employs.
LayoffTalk has tracked 10 layoff events at GEODIS Logistics since October 2023, affecting a combined 1,525 employees.
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Estimated figure based on news reporting. Not yet confirmed by GEODIS Logistics.
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