Columbus, Ohio — Top 50 retailer Big Lots will lay off up to 555 corporate employees in Ohio according to a WARN notice posted Dec. 19. Among the posts included in the layoffs is the president and CEO position held by Bruce Thorn.
In addition to Thorn’s job, positions being eliminated include three executive vice presidents, eight senior vice presidents, 27 vice presidents, and multiple managers and directors.
It’s the latest step in the discounter’s ongoing bankruptcy case. On Dec. 19, it was revealed that its acquisition agreement with Nexus Capital Management appeared unlikely to be completed, and it was beginning going-out-of-business sales at its remaining stores while it works to find replacement deals.
The notice, filed with the Ohio Department of Job & Family Services, says the mass layoffs at the corporate headquarters located at 4900 East Dublin Granville Road in Columbus are expected to commence the week of Dec. 29 and are expected to be completed by April 2025.