Steelcase, one of the largest office furniture manufacturers in the world, based in Grand Rapids, Michigan announced they will lay off hundreds of employees in the U.S. and overseas.

Credit: Canva
Credit: Canva

Why Is Steelcase Laying Off Employees?

Steelcase is having to lay off employees due to inflationary pressures and declining orders.

The company has been struggling with supply chain disruptions and rising costs of raw materials which have led to a decrease in demand for its products.

Semi-trailer truck
Tomasz WyszoÃÂÃÂmirski

Who Will Be Affected By The Layoffs?

These layoffs will affect both salaried and hourly workers. Roughly 30 employees in Atlanta, Georgia, will be laid off with the closure of a regional distribution center.

iStock via Getty Images
iStock via Getty Images

Crain’s said about 85 hourly employees and 155 salaried employees in the company’s Asia-Pacific market and roughly 50 salaried employees in France would be terminated.

As of now, it appears that employees in Grand Rapids are in the clear.

98.7 The Grand logo
Get our free mobile app

When Will The Layoffs Happen?

The layoffs should be complete by the end of the 2024 fiscal year. Most departures are expected to happen by the end of the first quarter of the fiscal year.

Credit: Canva
Credit: Canva

What Does Steelcase Make?

Steelcase manufactures furniture, casegoods, seating, and storage and partitioning systems for offices, hospitals, classrooms, and residential interiors.

they have also been manufacturing equipment for healthcare providers in response to the COVID-19 pandemic.

History Of Steelcase

The company was founded in 1912 as The Metal Office Furniture Company by Peter Martin Wege and 11 investors in Grand RapidsMichigan.

Michigan Celebrities First Jobs

Before they became famous they had regular jobs just like us.

These Are Michigan's Most Dangerous Intersections

If you're driving in Michigan you might want to avoid these intersections. Michigan Auto Law a Michigan-based law firm created the list of Michigan's most dangerous intersections using Police information from 2021 to determine which intersections saw the most crashes.

50 Newish Restaurants & Bars In West Michigan You Should Check Out

These are newish restaurants and bars people in west Michigan recommended for good food and drinks.