Appliance and furniture chain American Freight said it will lay off 19 executives from its corporate headquarters in Delaware, Ohio, by May 1.
The permanent layoffs are due to the company’s “poor financial performance,” according to a state Worker Adjustment and Retraining Notification Act notice.
The executive positions include multiple accountants and payroll employees, the vice president of distribution and logistics, the director of financial reporting and inventory, and the chief stores...
https://www.freightwaves.com/news/american-freight-laying-off-19-top-execs-as-it-closes-its-business