Further details have emerged on how the relocation of its corporate headquarters could affect the workforce of Holiday Retirement, the nation’s largest independent living provider.
On April 26, the company announced that it would be moving its headquarters from Lake Oswego, Oregon, to Winter Park, Florida. That move could involve 186 terminations across 53 job titles/classifications, including Chief Human Resources Officer, General Counsel, and Controller, according to a filing with the Oregon Office of Workforce Investments. The Portland Business Journal first reported on the notification on last week.
Most terminations will occur on June 30, 2017, with the remainder happening between July 1 and the end of this year, at which point the Lake Oswego office will be shut down, the filing states.
Holiday submitted the document as required by the Worker Adjustment and Retraining Notification (WARN) Act of 1988, under which employers with 100 or more employees must provide advance notice of plant closings and mass layoffs. Holiday’s workforce was nearly 11,400 people as of last year.
However, the exact number of terminations still is not certain, Holiday said in a statement sent to Senior Housing News on Friday.
“A number of employees are still in the process of deciding whether or not to make the move,” the statement reads. “Since all decisions have not been made yet, we are not going to speculate on the number of employees who will make the move to Florida. Most affected positions are not being eliminated; they are being moved from Oregon to Florida.”
Relocating its headquarters is intended to make the company “more competitive and agile,” the provider said when first announcing the move.
Written by Tim Mullaney