GXO Logistics Announces Layoffs in Memphis Facility
SOURCENews reportView the filing ↗
What we know
Location: Memphis, TN.
Based on news reporting.
Summary
GXO Logistics Supply Chain, Inc. has announced layoffs affecting approximately 300 employees at its Memphis facility, with the layoffs taking effect on October 1, 2023. The decision comes as part of a restructuring effort aimed at improving operational efficiency in response to changing market conditions. The company has indicated that these layoffs are necessary to align its workforce with current business demands. The Memphis location has been a significant part of GXO's logistics operations, and the layoffs will impact various roles within the facility. This move reflects broader trends in the logistics industry as companies adapt to fluctuating demand and economic pressures.
LayoffTalk has tracked 19 layoff events at GXO Logistics Supply Chain, Inc. since September 2023, including 1,153 jobs documented in official WARN filings, with 3 additional events known from news reporting.
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