“The decision to close these stores results from a combination of the coronavirus pandemic, a significant reduction in foot traffic to the stores, and legislative changes affecting the company’s business,” the company said in the letter. “The unforeseeable business circumstances and the coronavirus natural disaster contributed to these rapid business decisions.”
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The result of the closure will be the loss of two customer service support positions, according to the notice, which was received May 1.
The company said it informed all employees of the layoffs on April 21. Affected employees will continue employment until June 5.
Ohio follows federal requirements under the Worker Adjustment Retraining Notification (WARN) Act, which requires employers to provide written notice to the ODJFS at least 60 days in advance of covered plant closings and mass layoffs.
Great Lakes Specialty Finance said it sent the notice even though it was not required to do. That’s because the company is not laying off 50 or more employees.
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