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Essendant’s Massive Layoffs and Shutdown Risk | Raleigh News
Essendant, the century-old wholesale giant once owned by Staples, is bracing for massive layoffs—over 1,200 jobs across six states—with Illinois taking the biggest hit. Facing potential collapse without new funding or asset sales, the company’s recent push to streamline operations into just six hubs may be backfiring, as those same hubs are now ground zero for cuts. With no guarantee of rescue and a looming shutdown threat, employees brace for upheaval as the company’s “New Way Forward” strategy crumbles under financial pressure. Listen in comfort:Get a discount on a Soli Pillow…
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