Memphis distributor closing, about 400 jobs affected
A Memphis, Tennessee facility that distributes retail products for Verizon says it is closing.
MEMPHIS (AP) - A Memphis, Tennessee facility that distributes retail products for Verizon says it is closing.
News outlets report XPO Logistics Inc. said in a statement that it told employees Wednesday it will be closing its Verizon facility in June. A statement released by the union that represents XPO workers estimated that about 400 jobs will be lost.
The company said in a statement that the facility is closing due to a business decision by Verizon.
XPO says it plans to open a new facility in Memphis later this year that will create 80 jobs.
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