Four companies announce 400+ layoffs in Dallas-Fort Worth ... and more news
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Four companies are laying off more than 400 workers in Dallas-Fort Worth, putting further strain on Texas’ slowing job market as national layoffs also pick up speed. Security firm Job1USA is cutting about 117 employees at six locations in Texas, including 81 in Dallas-Fort Worth. In other news, a second lawsuit has been brought against Celina ISD, accusing school officials of being more concerned about its storied football program than the welfare of students; a pharmaceutical company has initiated a voluntary recall of more than half a million bottles of its blood pressure medication distributed in the U.S., after finding that the bottles contained higher than acceptable levels of a carcinogen; nd a month after a weekslong hearing on the motion to dismiss or to convert Merit Street Media’s Chapter 11 bankruptcy, U.S. Bankruptcy Judge Scott Everett converted the case to a Chapter 7 from the bench Tuesday afternoon, saying, “there is no hope for rehabilitation.” He called the case an anomaly and said it came to him in “liquidation mode.”
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