S&S Worldwide is actively seeking capital to continue its operations. The company warned of potential permanent layoffs if it fails to secure funding. This follows a previous notice of 70 temporary layoffs. The arts and crafts distributor has a history of financial challenges. Its future depends on securing new investment.
Colchester, Connecticut
https://hartfordbusiness.com/article/ss-worldwide-warns-of-permanent-layoffs-if-it-cant-raise-capital/