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NC Economic Recruiter Faces Job Promises Challenge

North Carolina's economic development agency has secured incentive deals promising nearly 120,000 jobs over a decade. However, a significant number of these promised jobs have not materialized. The state's top recruiter faces scrutiny over the effectiveness of these deals. It often takes years for jobs to appear, and some never do. This raises questions about the success metrics for economic development initiatives.

Raleigh, North Carolina

https://www.bizjournals.com/triangle/news/2026/10/29/edpnc-jdig-awards-jobs-results-analysis-funding.html


SAS Cuts 100 Jobs Amid Digital Shift

Analytics firm SAS has reduced its workforce by approximately 100 employees. These layoffs are attributed to ongoing digital transformation efforts and a decreased need for on-site support. The company stated that permanent changes to business operations, some predating the pandemic, impacted several roles. Despite these cuts, SAS continues to hire for hundreds of open positions globally. The company employs nearly 14,000 people worldwide.

Cary, North Carolina

https://www.techtarget.com/news/SAS-hit-with-100-layoffs-amid-digital-transformation-efforts/844352/


BuildOps Reduces Staff Amid Industry Slowdown

BuildOps has laid off eleven employees in Raleigh. This reduction comes as the construction industry experiences a slowdown. The company had previously committed to creating a significant number of local jobs. These layoffs indicate a shift in the company's expansion plans. The exact reasons for the slowdown were not detailed.

Raleigh, North Carolina

https://www.bizjournals.com/triangle/news/2026/10/27/buildops-layoffs-raleigh-hub-construction-slowdown.html


Wastequip Shuts Down Statesville Operations

Wastequip will close its Toter facilities in Statesville by December 22nd. This closure will result in the loss of 96 jobs. The two affected facilities are located adjacent to each other near Interstate 40. The company has not provided a reason for the closures. This action impacts the local workforce significantly.

Statesville, North Carolina

https://www.bizjournals.com/charlotte/news/2026/10/27/wastequip-toter-iredell-county-layoffs-statesville.html


Sealy Plant Closure Leads to Job Losses

Sealy Mattress Manufacturing Company will close its Trinity plant by the end of the year. This closure will result in 114 employees losing their jobs. The company cited evolving customer demand and business needs as reasons for the shutdown. While the manufacturing facility is closing, it will be repurposed for research and development. No corporate roles were affected by this decision.

Trinity, North Carolina

https://www.charlotteobserver.com/news/local/article317785397.html


Reidsville Pella Plant to Cease Operations

The Pella Corporation facility in Reidsville will be closing its doors. This closure will result in the termination of employment for 133 workers. Some affected employees will receive a minimum of eight weeks of severance pay. The company cited an excess of manufacturing capacity and anticipated stronger growth elsewhere. This plant opened in 2019 with significant state and county incentives.

Reidsville, North Carolina

https://www.bpr.org/2026-10-20/pella-reidsville-plant-closing-layoffs


Pfizer Reduces Workforce in North Carolina

The pharmaceutical company Pfizer is implementing layoffs at its facilities located in Rocky Mount and Sanford. These workforce reductions are part of a broader initiative by the company to cut billions of dollars in expenses. The exact number of employees affected by these layoffs has not been disclosed. This action is a significant development for the company's operational footprint in the region.

Rocky Mount, North Carolina

https://www.bizjournals.com/triangle/news/2026/10/20/pfizer-layoffs-plants-north-carolina-rocky-mount.html


CMS Leadership Crisis Draws State Scrutiny

A North Carolina legislator criticized the recent leadership shakeup at Charlotte Mecklenburg Schools. The state representative called the situation an unacceptable failure of leadership. This turmoil follows the controversial firing of Superintendent Crystal Hill. The school board's actions have raised questions about governance and financial oversight. State and local authorities are now investigating the district's financial matters.

Charlotte, North Carolina

https://www.wcnc.com/article/news/education/nc-rep-comments-on-cms-leadership-shakeup/275-008a8f4b-ae19-4236-8355-dd7330dc8886


HVAC Firm Reduces Workforce in NC

A significant number of employees will be laid off at an HVAC company's North Carolina facility. The exact number of affected workers has not been disclosed. This reduction in force is occurring despite the rapid growth experienced by the surrounding city. The company's name and ticker symbol are not provided in the article. Further details regarding the specific reasons for the layoffs are not available.

Sanford, North Carolina

https://www.bizjournals.com/triangle/news/2026/09/23/comfort-first-heating-sanford-layoffs-hvac.html


Regional Acceptance Corp. Closes Operations

Employees at Regional Acceptance Corporation will lose their jobs as the company permanently closes its facilities. The auto finance company, a subsidiary of Truist, is exiting the near-prime auto lending business. This decision follows an agreement to sell $5.5 billion of auto loans. Layoffs will begin around November 30, with both locations expected to cease operations by early 2027. A total of 253 full-time employees will be affected by the closures.

Greenville, North Carolina

https://www.witn.com/2026/09/18/layoffs-expected-after-truist-affiliated-auto-finance-company-announces-enc-office-closures/


Bank of America AI Drives Significant Financial Gains

Bank of America's chief executive stated that artificial intelligence tools have generated $800 million in benefits. These AI solutions are helping the bank grow without increasing its workforce. This development aligns with a broader industry trend of leveraging technology for efficiency. Other financial institutions are also exploring similar AI applications. The bank is focused on using AI to enhance its operations and financial performance.

Charlotte, North Carolina

https://www.bizjournals.com/charlotte/news/2026/09/16/bank-of-america-ai-avoid-layoffs-brian-moynihan.html


University Cuts Staff Amid Financial Strain

Gardner-Webb University has announced the elimination of fourteen staff positions. This move is part of a broader strategy to address significant financial challenges. The university aims to strengthen its long-term financial standing. These changes are intended to mitigate approximately $6.7 million in financial needs over the next two years. Reductions in operating expenses are also being implemented.

Boiling Springs, North Carolina

https://www.shelbystar.com/story/news/education/2026/09/14/gardner-webb-university-announces-layoffs-amid-financial-challenges/91763249007/


New W Hotel to Anchor Charlotte Development

Spandrel Development Partners will introduce the W Hotels brand to Charlotte, North Carolina. The new hotel will be the hospitality centerpiece of the 400 South Tryon development. It will feature 200 keys, including guestrooms and suites. The hotel will occupy floors one through nine, with a rooftop venue on the 34th floor. Plans also include extensive meeting space and dining options.

Charlotte, NC

https://www.hotelmanagement.net/development/w-hotel-planned-charlotte-nc


NC Revokes Incentives for TTI Floor Care

North Carolina has terminated a job creation grant for TTI Floor Care North America. The company failed to meet its hiring commitments in Charlotte. As a result, the manufacturer will close its local facility by year-end. TTI Floor Care must repay over $1.3 million to the state. This action highlights North Carolina's performance-based incentive programs.

Charlotte, North Carolina

https://www.charlotteobserver.com/news/business/article317130270.html


Campbell Cuts Workforce Amid Sales Slump

Campbell Soup Company is implementing significant layoffs affecting salaried employees as part of a broad cost-cutting initiative. This reduction impacts workers at its Charlotte facilities, where Lance cr--kers are produced. The company aims to save $500 million over four years through these measures. These job cuts follow disappointing financial results, particularly within the snacks division. Campbell's is also closing two snack plants in other states.

Charlotte, North Carolina

https://www.charlotteobserver.com/news/business/article317131586.html


Avelo Airlines Reduces North Carolina Footprint

Avelo Airlines is cutting back its operations in North Carolina. This reduction in services will lead to job losses. The airline is scaling down its presence at specific airports. These changes are part of a broader operational adjustment. Affected employees will be laid off as a result.

Raleigh, North Carolina

https://www.bizjournals.com/triangle/news/2026/01/09/avelo-airlines-layoffs-crewbases-rdu-wilmington.html


Wells Fargo Slashes Over 100 Jobs in Raleigh

Wells Fargo is eliminating 112 positions in Wake County as part of ongoing cost-cutting measures. The layoffs will affect loan operations roles, including loan-servicing representatives. These cuts are scheduled to take effect by April 4. The San Francisco-based bank has been reducing its workforce for several years. The company is offering severance and career assistance to affected employees.

Raleigh, North Carolina

https://www.wral.com/business/wells-fargo-cut-112-jobs-wake-county-february-2026/


Frito-Lay Cuts 65 Warehouse Jobs

Frito-Lay, a subsidiary of PepsiCo, is laying off 65 warehouse employees at its Raleigh distribution center. The affected workers will officially be let go on September 6th. The company cited challenges from health-conscious consumers and increased GLP-1 usage as contributing factors. While warehouse operations are being outsourced to an unnamed provider, the distribution center itself will remain operational. Frito-Lay will assist impacted employees in seeking roles with the new logistics company.

Raleigh, North Carolina

https://www.newsobserver.com/news/business/article316511862.html


Solar Manufacturer Cuts Workforce

Silfab Solar has announced workforce reductions due to temporary operational constraints. The company stated that its core business operations remain unaffected by these changes. This decision was described as difficult by the company. Silfab Solar is continuing its business activities despite the layoffs. The company did not provide further details on the number of employees affected.

Charlotte, North Carolina

https://www.wcnc.com/video/news/local/silfab-announced-layoffs-amid-legal-dispute/275-c29d4a06-07e5-4db4-83f8-c945dc56b9a3


Lenovo Cuts Staff at North Carolina Facility

Technology giant Lenovo is implementing workforce reductions. These layoffs will impact employees at its Morrisville campus. The exact number of affected individuals has not been disclosed. This move is part of broader industry trends affecting tech companies. Further details regarding the scope of these job cuts are expected.

Morrisville, North Carolina

https://mshale.com/dd17390c/e3a6d643T2OPX_uehPo


AVMAC Cuts Staff After Contract Loss

AVMAC LLC is laying off 62 employees at its Jacksonville facility. This action follows the loss of a government contract at the site. The company cited that the contract was awarded to a different entity. AVMAC stated it has no other similar work available in the region. Most affected employees are expected to be hired by the new contractor.

Jacksonville, North Carolina

https://wcti12.com/news/local/avmac-to-lay-off-62-at-jacksonville-facility-after-government-contract-loss


Ubisoft Faces WARN Act Scrutiny After Layoffs

Ubisoft Entertainment is facing scrutiny regarding its recent workforce reductions at its Red Storm Entertainment studio. This follows an earlier wave of job cuts, raising questions about the aggregation of layoffs under the federal WARN Act. The Act mandates 60-day notice for mass layoffs or plant closings, with significant penalties for violations. Employers must consider all employment losses within a 90-day window to determine WARN Act applicability. This situation highlights the complexities of multi-round reductions and legal compliance for employers.

Cary, North Carolina

https://www.marketscreener.com/news/when-the-layoffs-come-what-north-carolina-employers-need-to-know-about-the-warn-act-ce7f50d3d18cf726


Ruger Reports Profit Amid Restructuring and Investor Dispute

Sturm, Ruger & Co. achieved nearly $7 million in net income for the second quarter, a significant improvement from a loss in the same period last year. This financial turnaround was driven by increased firearm demand and enhanced production efficiency. The company also implemented a new "Ruger Business System" initiative to standardize operations and align employees with strategic goals. Ruger incurred severance expenses related to past job reductions, but these were lower than in the previous quarter. Additionally, the company reached an agreement with its largest investor, Beretta Holding SA, allowing Beretta to increase its stake while imposing a standstill on further ownership growth.

Mayodan, North Carolina

https://www.unionleader.com/news/business/uptick-in-demand-boosts-ruger-to-7-million-in-net-income-after-90-layoffs-in/article_bb92434d-965e-4975-b1f2-49e9154bf38d.amp.html


NEG Job Cuts Hit Shelby Community

Nippon Electric Glass is closing its Shelby facility, resulting in over 200 job losses. The fiberglass company's departure will have a significant economic impact on the local area. This closure marks the end of operations for a plant that has been in Lattimore since 1957. The facility was acquired by NEG in 2017. The company is now in the process of laying off its employees.

Lattimore, NC

https://www.shelbystar.com/story/news/local/2026/07/31/nippon-electric-glass-shutdown-impacts-shelby-nc-beyond-layoffs/90832669007/


NC Employees: Are Severance Packages Still Being Offered?

Is Wells Fargo still giving severance packages to North Carolina employees? Long-tenured, high-performing North Carolina employees were terminated without severance after what they believed is due to manufactured performance issues being used to avoid severance obligations. Are North Carolina employees especially vulnerable to this compared to other states?


Novant Health Reduces Workforce

Novant Health has eliminated 31 revenue cycle positions. This action was taken to address redundancies within the organization. The healthcare system stated the cuts align with its strategic goals. These goals include expanding patient access and improving affordability. The company regularly reviews its structure to meet community needs.

Winston-Salem, North Carolina

http://www.modernhealthcare.com/providers/staffing/mh-layoffs-closures-healthcare-live-updates/


NC Budget Slashes Legal Aid Funding

North Carolina's new state budget significantly cuts and restricts funding for Legal Aid services. Lawmakers are diverting money historically allocated to Legal Aid towards public defender offices. This follows a previous funding freeze that already caused layoffs and rural office closures for Legal Aid. The new budget also imposes restrictions on the types of cases Legal Aid can handle. These changes will negatively impact vulnerable residents needing legal assistance.

Raleigh, North Carolina

https://www.fayobserver.com/story/opinion/2026/07/14/nc-general-assembly-budget-hits-legal-aid-with-cruel-cuts/90907465007/


Post layoff, how much are you paying for healthcare in NC

I’m not afraid of a layoff but I’m in my late 40’s and worried about the future cost of healthcare if I don’t find a new role before COBRA runs out. Could anyone paying for healthcare in NC share their monthly premium and deductible? Just trying to feel prepared.


Glass Maker Exits North American Market

Nippon Electric Glass will cease its glass fiber production in North America. This decision includes the closure of its Shelby plant. The company is also selling its Lexington facility. Approximately 282 employees will be affected by these changes. The Shelby plant has been operational since the late 1950s.

https://www.bizjournals.com/charlotte/news/2026/07/09/nippon-electric-glass-layoffs-shelby-manufacturing.html


Glass Fiber Firm Faces WARN Act Inquiry

A law firm is investigating NEG US Glass Fiber for potential violations of the WARN Act. The company recently conducted a mass layoff affecting 282 employees. This investigation will determine if the required 60-day notice was provided. Employees may be entitled to severance pay and benefits if the notice was insufficient. The firm is seeking to speak with affected workers.

Shelby, North Carolina

https://straussborrelli.com/2026/07/08/neg-us-glass-fiber-warn-act-investigation/


State Budget Bill Limits NC Legal Aid

North Carolina lawmakers propose significant changes to the IOLTA program. This fund traditionally provides civil legal aid to low-income state residents. The new budget bill would restrict eligibility and redirect most incoming money. Funds would primarily support indigent criminal defense, not civil legal services. Groups involved in immigration or advocacy work would also be excluded from grants.

Charlotte, North Carolina

https://www.charlotteobserver.com/news/politics-government/article316315140.html


School Counselors Needed More Than Ever in North Carolina

North Carolina school districts face significant budget constraints. These financial pressures are leading to layoffs of school counselors. Student needs for mental health and academic support are currently growing. The state's student-to-counselor ratio already exceeds national recommendations. School leaders must prioritize and better utilize these essential professionals.

Winston-Salem, North Carolina

https://journalnow.com/opinion/column/article_06dfad94-b519-5c01-a7b0-dc71ff8f0851.html


SAS Cuts 300 Jobs Across Company

SAS eliminated 300 positions last week. These job cuts occurred across the company. A spokesperson called them "targeted changes." Affected employees can apply for other open roles. SAS also has hundreds of open positions worldwide.

Cary, North Carolina

https://www.wral.com/business/technology/sas-cuts-300-jobs-across-the-company-june-2026/


Pender County Schools May Reduce Staff Over Budget

Pender County Schools faces a $2.7 million budget shortfall. This deficit could lead to the elimination of about 30 positions. County commissioners approved $6 million for capital needs but not the full operational request. The district requested a $4 million increase but received only $1.3 million. School leaders will meet with commissioners to seek additional funding.

Pender County, North Carolina

https://www.wect.com/2026/06/23/pender-county-schools-says-budget-shortfall-could-lead-layoffs/