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0.000198530871550487 0.000794123486202087 -0.00106412547151088 -0.00436767917411155 -0.00813976573357164 -0.00813976573357164 -0.0172721858248959 -0.019257494540401
Stock impact report

AEO Lays Off 200+ in Quiet Logistics Winddown [Yahoo! Finance]

American Eagle Outfitters, Inc. (AEO) 
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
American Eagle Outfitters (AEO) is shuttering two regional distribution centers as it sunsets its Quiet Logistics operation , resulting in 211 layoffs across the company. The company is closing a warehouse in La Palma, Calif. in April, resulting in 108 layoffs, according to a Worker Adjustment and Retraining Notification (WARN) Notice filed with the state of California on Feb. 2. More from Sourcing Journal GXO Scales AI Operating System, Eyes Efficiency Gains Amid Muted Demand Maersk Slashes 1,000 Staff as Slumping Freight Rates Sink Earnings American Eagle Abandons Quiet Logistics Experiment After $360M Bet On Feb. 11, AEO filed another WARN notice in Massachusetts indicating that a facility in Quiet's former hometown of Devens would cease operations, with the retailer laying off 103 employees in the process. Those cuts will take place between April 12 and May 6, before the warehouse shutters. Both notices were filed by AE Regional Distribution Co. LLC, the retailer's Show less Read more
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