Ashley Furniture Closes Texas Plant, 266 Jobs Lost
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Ashley Furniture, the worlds largest furniture maker, is closing its Mesquite, Texas plant, leading to 266 job losses. The move comes amid a downturn in furniture sales due to the pandemic, a sluggish housing market, and new tariffs. The company aims to relocate workers to nearby facilities, offering severance pay to those who stay until the end. Other furniture giants like IKEA are also making cuts, with IKEA closing a Tennessee plant and letting go of 114 employees.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/7473dfe85f315a43