#michigan

Posts mentioning hashtag #michigan

Below are all the posts — topics as well as replies — that mention the hashtag #michigan.

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Lineage Layoffs

Lineage, a temperature controlled warehouse REIT listed as LINE, has begun job cuts as demand for cold storage slows. The move follows a comprehensive operations review, with the company saying reductions are needed to protect long term success and adaptability. Specific numbers and roles were not disclosed. Shares fell to about 53.72 dollars, down roughly 3 percent, and well below the 78 dollar IPO price from six months earlier. Softer consumer demand and excess inventories among food makers and retailers are contributing to reduced need for cold storage, which is pressuring the business.


Acrisure is laying off 400 people due to AI, 200 in West Michigan

Acrisure, a global insurance brokerage, financial services and technology company based in Grand Rapids, plans to cut 400 accounting positions in the first quarter of 2026, the company announced Wednesday.

Roughly half the positions set to be eliminated are based in West Michigan, with the rest stretching across Acrisure’s global footprint.

https://www.mlive.com/news/grand-rapids/2025/10/major-grand-rapids-company-laying-off-400-people-due-to-ai-200-in-west-michigan.html


We made the list!

Michigan made the list for job losses. Specifically, the automotive sector.

https://www.msn.com/en-us/money/markets/8-states-facing-the-biggest-job-losses/ss-AA1Mc480?ocid=hpmsn&cvid=41c95e0c827042beafd5682ac45a945d&ei=29#image=8