HUGE ground shift in a multi billion dollar industry

by Hairy man

I’m in the furniture industry. LANE furniture, that has been around for close to 100 years, closed abruptly. This is one of the top 2 biggest furniture manufactures in the United States. They sent an email out to all employees 2 days ago terminating them effective immediately.
More than 2500 employees out of work right before the holidays.

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HIGH POINT —  United Furniture Inds. has terminated all  employees. The company, which has operated under the Lane brand in recent years, sent an e-mail, overnight, that immediately terminates all employees, with the exception of over-the-road drivers currently out on delivery.

Furniture Today obtained a copy of the email sent to employees:

“At the instruction of the Board of Directors of United Furniture Industries, Inc., and all subsidiaries (the “Company”), we regret to inform you that due to unforeseen business circumstances the Company has been forced to make the difficult decision to terminate the employment of all its employees, effective immediately, on November 21, 2022, with the exception of over-the-road drivers that are out on delivery. Your layoff from the Company is expected to be permanent and all benefits will be terminated immediately without provision of COBRA.

Over-the-road drivers that are out on delivery will be paid for the balance of the week. Whether or not you have completed your delivery, please immediately return equipment, inventory, and delivery documents for those deliveries that have been completed to one of the following locations: Winston-Salem, N.C., Verona, Miss., or Victorville, Calif. location. To be clear, do not complete any additional deliveries.

We regret that this difficult and unexpected situation has made this necessary. Additional information will be provided shortly.

Thank you for your service and dedication.
UFI/Lane Corporate Communications”


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