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Creative Memories warns state of major workforce reduction

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Creative Memories, a scrapbooking business based in St. Cloud, Minn., has notified the Minnesota Department of Employment and Economic Development that it plans to lay off a majority of its workforce in June, the St. Cloud Times reports.

The Worker Adjustment and Retraining Notification letter states 163 employees will be affected by the impending workforce reduction during a 14-day period between June 15 and June 28.

However, it's unclear if that figure includes the 72 workers laid off earlier this week after the parent company of Creative Memories filed for Chapter 11 bankruptcy protection.

The company does not plan to shut down operations entirely, according to the WARN letter.

Prior to declaring bankruptcy for the second time in five years, the newspaper says Creative Memories had 230 workers.

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