Distributor Essendant has warned of possible business cessation as it plans to lay off at least 1,100 employees. The company is actively seeking new capital and exploring asset sales to prevent liquidation. These significant job cuts follow a recent strategic pivot away from office supplies towards JanSan, foodservice, and technology products. Recent WARN notices detail layoffs across multiple distribution centers and its corporate headquarters. The company's future remains uncertain as these efforts to secure funding and avoid closure are ongoing.
https://www.naw.org/mdm/news/essendant-warns-of-possible-shutdown-amid-hundreds-of-layoffs/