JOB LOSSES

Jan 09 2025POLITICS

US and China: The Economic Face-Off

China’s economic power is reshaping the U. S. job market and economy. Both the Trump and Biden administrations have struggled to keep up, leading to job losses and closed factories in the U. S. China isn’t just aiming for economic wins; it wants to be the world’s top power. History shows us that countries have used trade as a weapon before, just like Germany did befo...

reading time less than a minute
Oct 07 2024BUSINESS

Tupperware’s Big Move: What Happens to Williamsburg County?

Tupperware, a well-known name in many homes, is leaving Williamsburg County. The facility, which has been around since the late 1970s, is shutting down for good. This isn't because of their recent bankruptcy filing; instead, it’s part of a new plan to improve customer service and operations. But what does this mean for Williamsburg County? Around 150 people will ...

reading time less than a minute
Oct 07 2024BUSINESS

Job Cuts Hit Kelowna’s QHR Technologies

In a surprising turn of events, some employees at QHR Technologies in Kelowna have been let go. The company, which specializes in electronic medical records, was bought by Loblaws in 2016 for a whopping $170 million through its subsidiary Shoppers Drug Mart Inc. This week, the company underwent a major restructuring that impacted less than 10% of its national staff. ...

reading time about 1 minute
Sep 08 2024BUSINESS

The Rise and Fall of LL Flooring: A Cautionary Tale?

LL Flooring, once a familiar name in the world of hardwood floors, is closing all its stores. This comes after the company filed for bankruptcy just a month ago and couldn't find a buyer. What led a company with over 400 stores just a year ago to this point? LL Flooring's story is a reminder that even established businesses can face unexpected challenges. The com...

reading time about 1 minute