Boeing to lay off about 200 workers in megarocket program
Arlington County-based Fortune Global 500 aerospace and defense giant Boeing plans to lay off about 200 employees working on NASA’s Space Launch System program in anticipation of potential program cuts or cancellation. The company previously expected to eliminate about 400 positions in the program by April, according to Bloomberg, but now plans to keep roughly […]
Reports of NoVa housing market’s demise are greatly exaggerated, experts say
“See the rats run,” a Facebook post put up Saturday reads. It’s illustrated with a map purportedly of Arlington County — a map covered with dozens of ovals indicating where houses are on the market. Many of the ovals are labeled “coming soon” or “new.” In the wake of President Donald Trump and Elon Musk’s […]
Goodyear to cut 850 jobs in Danville
About 850 jobs will be cut by the end of the year at Goodyear’s tire manufacturing facility in Danville, according to a document the tiremaker posted Tuesday. The Goodyear Tire & Rubber Co., which is headquartered in Ohio, reached an agreement on Jan. 30 with the United Steelworkers union “to reduce the company’s production capacity […]
Press Glass shifts N.C. operations to Henry County
Press Glass, a fabricator of flat glass for the commercial construction industry, is shuttering its Stoneville, North Carolina, operation and moving toward fabricating and delivering all products from its operation in Ridgeway, where the company has produced glass since 2020. Of 178 workers at the North Carolina plant, 110 are transferring to Press Glass’ Virginia […]
Winchester cabinet manufacturer closing Orange plant
Winchester-based cabinet manufacturer American Woodmark is closing its manufacturing facility in Orange, laying off 131 employees. The company notified the state of the closure Jan. 7 in compliance with the Worker Adjustment and Retraining Notification Act. The layoffs at the plant, located at 281 Kentucky Road, will take effect March 24. American Woodmark did not […]
Japanese manufacturer set to close Chesapeake plant
Nitto, a Japanese developer of technology and manufacturer of products for automotive, aerospace and other industries, plans to close its Chesapeake plant by September, laying off 86 workers. The company notified the state of the closure Jan. 8 in compliance with the Worker Adjustment and Retraining Notification Act. The Nitto plant is at 809 Principal […]
Bassett Furniture reduces workforce by 40
Bassett Furniture has announced a series of layoffs and retirements in a bid to better match its cost structure to the current rate of business, the home furniture manufacturer and retailer said in a news release Wednesday. This round of reductions, which included layoffs, early retirements and attrition, impacted 40 workers. Since the start of […]
Sentara to cut 200 jobs across workforce
Sentara Health is cutting approximately 200 positions across its workforce, officials told employees this week. Most of the affected employees work for Sentara Health Plans and are based in Virginia, according to a statement issued Friday by the Hampton Roads-based health system. The cuts are related to the Medicaid redetermination process and associated decline in […]
Global apparel company VF to leave Martinsville in 2025
VF Corp., a Denver-based global apparel and footwear company with brands including Vans, The North Face, Timberland and Dickies, plans to close its distribution center in Martinsville in March 2025, the company confirmed Wednesday. “As part of VF’s Reinvent strategy, we have evaluated how we are shipping products to best meet the needs of our […]
Amazon delays HQ2 phase two
Amazon.com Inc. is delaying construction on the second phase of HQ2, its $2.5 billion East Coast headquarters in Arlington County. The news comes as Amazon plans to open HQ2’s first phase, Metropolitan Park, in June, and as the Fortune Global 500 tech company laid off a record 18,000 workers amid concerns over slowing revenues and a potential recession. […]
Report: Capital One cuts 1,100 jobs
According to a report Friday in Bloomberg, McLean-based Capital One Financial Corp. eliminated more than 1,100 technology positions this week. The McLean-based Fortune 500 banking company confirmed in a statement that it has cut jobs but declined to disclose how many and where. “These associates are located throughout our footprint,” a spokesperson said by email […]
Va. layoffs and discharges down in June
Virginia companies put the brakes on layoffs in June, even as workers continued to seek new opportunities, refueling the Great Resignation. Virginia had 28,000 layoffs and discharges in June, a decrease of 13,000 from May, according to U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS) data released last week. That marked […]