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    Home»News»Shutterfly to cut 246 jobs; will pull the shutters on Shakopee plant
    News

    Shutterfly to cut 246 jobs; will pull the shutters on Shakopee plant

    HRK News BureauBy HRK News BureauAugust 14, 20232 Mins Read3954 Views
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    Tech sector layoffs surpass 80,000 employees in 2024
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    Shutterfly will let go of 246 workers after shutting down one of its manufacturing plants in Shakopee, Minnesota, in the US. The layoffs will occur gradually, in phases, commencing in October of this year and concluding in June 2024.

    The shutting down of the plant is a step towards improving the business and related activities on the whole. The firm intends to redistribute the production tasks from the Shakopee facility to itslarger operational centres.

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    Shutterfly admits to being aware of the consequences of this decision, its effect on the families of the affected employees and the Shakopee community at large, and is committed to lending support to the impacted staff members. The company will help them secure fresh employment opportunities and alternate career paths. It will also facilitate internal job transfers and provide relocation assistance for some employees.

    The Minnesota Department of Employment and Economic Development has announced that the company, headquartered in California, will permanently shut down its Shakopee plant in June 2024. The plan has been operational for nearly ten years.

    Earlier this year, Shutterfly had revealed its plan to terminate 93 positions at the Shakopee facility while simultaneously transferring its books and gifting units to different sites. This strategic move was driven by the company’s response to the prevailing ‘challenging and uncertain economic conditions.’

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