August 14, 2023
1 min read

Shutterfly shuts down facility, lays off 246 employees

Since the facility is being shut down, these employee losses are likely to be permanent. Layoffs will start from October 9 in multiple tranches till June 28, 2024….reports Asian Lite News

Photography and design firm Shutterfly has announced it will lay off 246 employees, after shutting down its facility in Shakopee in the US state of Minnesota.

The company notified the Minnesota Department of Employment and Economic Development about the closure of the facility, which will result in approximately 246 employees being laid off, reports Southwest News Media.

Since the facility is being shut down, these employee losses are likely to be permanent. Layoffs will start from October 9 in multiple tranches till June 28, 2024.

“We fully recognise the impact this decision will have on our dedicated employees, their families and the Shakopee community. While it was a difficult choice, we remain committed to supporting our employees during this transition,” the company said in a statement.

“Over the next several months, we will work closely with all affected employees, providing support that includes outplacement services. We will also ensure that they have the opportunity to apply for open positions and receive relocation assistance, where applicable, to other Shutterfly manufacturing and production facilities,” the company added.

Shutterfly had announced layoffs of 93 employees in Shakopee earlier this year. The picture-sharing and photo products company operated in Shakopee for nearly a decade.

ALSO READ: Huawei’s consumer business grows 2% amidst challenges

Previous Story

Radisys buys Mimosa

Next Story

Huawei smartphone sales finally up after 2 years

Previous Story

Radisys buys Mimosa

Next Story

Huawei smartphone sales finally up after 2 years

Latest from Business

Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has

Apple Bundles TV, Arcade With iCloud+

Apple said the expanded iCloud+ package will roll out in more than 100 countries and regions through the end of September Apple has expanded its technology and subscription ecosystem in India with
Go toTop