Pinnacle Logistics Layoffs: 1,600 Workers Cut And Hired By Amazon
Amazon (AMZN) contractor Pinnacle Logistics will reportedly lay off more than 1,600 workers in the Baltimore area this spring.
Pinnacle Logistics, which operates out of the Baltimore/Washington International Thurgood Marshall Airport, filed its WARN notice with the state of Maryland on Wednesday, saying that layoffs would be effective April 14.
Employees of the company will not be without work long as Amazon has offered ground crew, ramp crew, and other hourly workers positions with Prime Air – the e-commerce giant’s aviation service, the Baltimore Business Journal reported.
A spokesperson for Amazon told the news outlet that the layoffs were “a transition.”
Amazon has a $36 million 200,000 square-foot regional hub for Prime Air in Baltimore, which it unveiled in 2019, according to Business Insider.
Shares of Amazon stock were down 0.91% as of 3:51 p.m. EST on Friday.
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