SXSW Notifies Regulators To 60 Job Cuts After Event Cancellation
In the same batch of Texas Workforce Commission filings, Aryzta LLC alerts regulators to layoffs of its 95 local bakery workers.
AUSTIN, TX — SXSW officials this week officially notified state regulators oflayoffs affecting 60 employees following cancellation of its event in light of the new coronavirus outbreak among notifications that also included the unrelated loss of 95 workers at a local bakery.
In correspondence to the Texas Workforce Commission obtained by Patch, SXSW officials notified the state agency of the job cuts as previously reported. Festival organizers initially placed the number of post-cancellation job cuts at 58.
"The reduction was caused by the unforeseeable and unexpected COVID-19 epidemic, the City of Austin's declaration of a local disaster on March 6, 五福彩票6688下载, and resulting bueiness disruption," SXSW officials wrote to regulators.
Don't miss the latest coronavirus updates from health and government officials in the Austin area. Sign up for Patch news alerts and newsletters for what you need to know daily.
The notice is in adherence to the federal Worker Adjustment and Retraining Notification (WARN) Act of 1988, a labor law designed to protect workers at companies with more than 100 employees by providing a 60-day advance of imminent layoffs. The abrupt nature of the annual festival's cancellation in light of the outbreak of resipiratory illness did not allow for the two-month advance warning, but was filed by SXSW officials as an unforeseen circumstance as they adhered to WARN provisions.
- SXSW Lays Off 1/3 Of Staff After Coronavirus-Sparked Cancellation
- Coronavirus Forces SXSW Cancellation: Here's Why
The nature of the SXSW jobs cut are not specified. Until recently, correspondence was provided to media outlets describing affected jobs. Citing privacy safeguards, the Texas Workforce Commission ceased the practice not long ago.
Now renamed COVID-19, the respiratory ailment is caused by a member of the coronavirus family that's a close cousin to the SARS and MERS viruses that have sparked outbreaks in the past. To date, no confirmed cases of COVID-19 have been reported in Travis County.
In an unrelated filing to the state agency, Aryzta LLC, 6301 E. Stassney Lane, alerted regulators to the layoff of 95 employees at its "Austin Bakery" business that occurred on March 6. No reason is given for the layoffs. According to the filing, the bakery shut down on the same day the filing was received.
According to information found on its website, is "...an international food business with a leadership position in frozen B2B bakery" based in Schlieren, Switzerland. ARYZTA's customer channels consist of a mix of large retail, convenience and independent retail, Quick Serve Restaurants and other food service categories, according to the website.
In its most recent financial statement, reported a total revenue decline of 3.2 percent, including a drop of 5.3 percent in organic revenue across North America.