Layoffs Impact San Antonio Businesses in 2024
December 17, 2024 - 20:40
In 2023, Bexar County experienced a significant workforce reduction with 2,215 layoffs. As the new year unfolds, 2024 has shown a considerable decline in layoffs, with 1,279 reported so far. This data comes from the Worker Adjustment and Retraining Notification (WARN) Act notices filed with the Texas Workforce Commission, highlighting the ongoing changes in the local job market.
The reduction in layoffs indicates a possible stabilization in certain sectors, but the impact on the community and local businesses remains profound. Many companies are still navigating the challenges posed by economic fluctuations and evolving market demands. Employees affected by these layoffs face uncertainty as they seek new opportunities in a competitive job landscape.
As San Antonio continues to adapt to these shifts, businesses are urged to focus on resilience and innovation to support their workforce and foster a thriving economic environment. The community's response to these changes will be crucial in shaping the future of the local economy.
MORE NEWS
October 30, 2025 - 03:47
4A’s New EVP Sylvia Banderas Coffinet Champions Diversity as a Business ImperativeSylvia Banderas Coffinet, the newly appointed Executive Vice President at 4A, emphasizes the critical importance of diversity in the business landscape. She asserts that fostering an inclusive...
October 29, 2025 - 23:23
Amazon Announces Significant Job Cuts as Part of AI TransitionAmazon just made its biggest corporate job cuts in recent years, eliminating 14,000 positions as the company aims to streamline its operations in the evolving landscape of artificial intelligence....
October 29, 2025 - 03:13
STL Startup Week to Feature Open Houses at Local Business IncubatorsOpen houses will take place starting November 10 during STL Startup Week, providing an opportunity for entrepreneurs and the community to explore local business incubators. The St. Louis Economic...
October 28, 2025 - 05:30
Antonio Gates Refutes Allegations of Hosting Rigged Poker GamesIn a recent development, Hall of Fame tight end Antonio Gates has firmly denied allegations suggesting his involvement in rigged poker games. This comes after reports surfaced claiming that Gates...