South Carolina Layoffs Coming For Hundreds By End Of The Year
There’s never a good time to learn of job loss. However, it’s particularly rough when it coincides with holidays. And, hundreds of South Carolina workers face layoffs by the end…
There's never a good time to learn of job loss. However, it's particularly rough when it coincides with holidays. And, hundreds of South Carolina workers face layoffs by the end of the year. According to WSPA, the layoffs are a result of several manufacturing companies closing facilities in the Upstate of South Carolina.
And, among them is Timken in Cherokee County. Although, reports indicate a good number of their employees already transferred to other facility locations. Also, Proterra plans a closing of its Greenville County operations. And, this impacts around 300 employees.
But, there could be good news for those workers if a new company acquires the Greenville County location. And, SC Works offers free services to help displaced employees with benefit filing, job searches, interviewing help and more.
From their website, Timken, an engineering leader specializes in drives, automatic lubrication systems, linear motion products, chains, belts, brakes and more. And, Proterra is an industry leader in electric transit vehicle solutions from battery technology to charging infrastructure, drivetrains and more. They also have facilities in Silicon Valley and Los Angeles.
And, for more on this developing story, see the full article from WSPA. Plus, visit SC Works for free services available if you or someone you know is in need following these hundreds of South Carolina layoffs.
These 5 South Carolina Companies Are Among The Nations Most Trustworthy
It's wonderful to have thriving, successful companies in your state. These companies provide jobs and a boost to the local economies of the cities they call home. But it's also important to have reputable and trustworthy companies. That's why the folks at Newsweek, in collaboration with market research company Statista, created their second annual list of the Most Trustworthy Companies In America. The 2023 list includes 700 U.S. Companies across 23 different industries. This is based on evaluations by U.S. customers, employees, and investors all of whom are necessary for businesses to gain the trust of. And of those 700 companies, there are 5 South Carolina companies named as the most trustworthy.
Each of these is located in a different city including North Charleston, Greenville, Spartanburg, Hartsville, and Rock Hill. The 700 companies on this list came from a pool of 3,100. These were all U.S.-based companies that have revenues of over $500 million. Below you will find the 5 South Carolina companies that were named among the nation's most trustworthy. You can view the full study, list, and analysis via Newsweek.
Does it matter to you if a company is trustworthy? For me personally, it is more important as a potential employee than as a consumer. In the latter scenario, I'm more apt to buy what fills my need at the right price. Though I know many many individuals to whom it makes a big difference.
World Finance
Industry: Financial Services
Industry Rank: 17
City: Greenville
Company Type: Public
World Finance has been helping people realize and reach their financial goals for 50 years. They offer fixed rate and payment loan solutions and have branches nationwide.
J M Smith
Industry: Health Care & Life Sciences
Industry Rank: 13
City: Spartanburg
Company Type: Private
Founded in as a single community pharmacy in Asheville, North Carolina in 1952 JM Smith has grown into a corporation. Now the company operates business units that supply healthcare and distribution services and technology to pharmacies across the U.S.
InterTech Group
Industry: Materials & Chemicals
Industry Rank: 12
City: North Charleston
Company Type: Private
According to its website, The InterTech Group is a "family-owned holding company". Its core focus is to invest, diversify and create opportunities."
3D Systems
Industry: Technology Hardware
Industry Rank:9
City: Rock Hill
Company Type: Public
3D Systems is a technology company that is dedicated to solving design and production challenges.
Sonoco
Industry: Transport, Logistics, & Packaging
Industry Rank: 34
City: Hartsville
Company Type: Public
Sonoco is a global packaging solutions leader with a focus on sustainability.
Methodology According to Newsweek
Newsweek, in collaboration with market research partner Statista, recognizes the Most Trustworthy Companies in America in 23 industries according to U.S. residents' evaluations.
The Most Trustworthy Companies have been chosen based on a holistic approach to evaluating trust. The three main public touchpoints of trust have been considered: customer trust, investor trust, and employee trust.
The analysis followed a 3-step process:
1) Market definition: All companies headquartered in the US with a revenue over $500 million were considered in the study. Complementary to last year's methodology, private companies were also eligible.
2) Extensive survey: The basis of the analysis was an independent survey from a sample of about 25,000 U.S. residents, who rated companies they know in terms of all three touchpoints of trust. A total of 95,000 evaluations of companies were submitted. The field period ran from CW 45 to CW 48 2022.
3) Social Listening: For each company that received a sufficient number of evaluations, a Social Listening analysis was conducted. This involved researching what was said about a company in various media segments of the internet and evaluating whether it was positive, neutral or negative. In total, over 270,000 mentions were gathered. Additionally, all companies that were involved in any recent scandals or lawsuits relevant to a dimension of trust were excluded from the analysis.
