Natural Fiber Welding, Inc. Layoff — February 2025
SOURCEOFFICIAL FILINGIllinois Department of Commerce and Economic Opportunity· filed December 10, 2024View the filing ↗
What we know
Location: Peoria, IL (Peoria County).
A WARN notice for this layoff is recorded on December 10, 2024.
Industry: Professional and Technical Services.
Disclosed through an official WARN filing with the IL state workforce agency.
Summary
Peoria-based Natural Fiber Welding, Inc. laid off 91 employees in a restructuring move described as necessary due to unforeseen business circumstances. The layoffs affected staff across its Peoria facilities on Galena Road, Water Street and Jefferson Street, although those locations will remain open. Company spokespeople framed the reductions as part of a reshaping under new CEO Steve Zika after recent challenges, noting the firm recently closed a funding round and currently has just over 100 employees. Founded in 2015 as an eco-friendly textile startup, NFW has previously reduced staff in 2023 and earlier this year; the company said the restructuring was intended to stabilize operations for renewed growth.
Natural Fiber Welding, Inc. disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the IL state workforce agency on December 10, 2024. The notice covers 47 employees in Peoria, IL (Peoria County), with the layoff effective February 8, 2025.
That is roughly 36.7% of the 128 people Natural Fiber Welding, Inc. employs.
Comments (0)
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Affected by this?
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent layoffs in IL
Other companies with tracked events in the same state.