{"id":718,"date":"2026-04-30T19:26:00","date_gmt":"2026-04-30T19:26:00","guid":{"rendered":"https:\/\/blog.utc.edu\/crer\/?p=718"},"modified":"2026-05-24T19:30:21","modified_gmt":"2026-05-24T19:30:21","slug":"4-30-26-yangfeng-announces-155-permanent-layoffs-in-chattanooga","status":"publish","type":"post","link":"https:\/\/blog.utc.edu\/crer\/2026\/04\/30\/4-30-26-yangfeng-announces-155-permanent-layoffs-in-chattanooga\/","title":{"rendered":"4\/30\/26: Yangfeng Announces 155 Permanent Layoffs in Chattanooga"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"741\" height=\"419\" src=\"https:\/\/blog.utc.edu\/app\/uploads\/sites\/152\/2026\/05\/Screenshot-2026-05-24-152515.png\" alt=\"\" class=\"wp-image-719\" style=\"aspect-ratio:1.7576161885701578;width:423px;height:auto\" srcset=\"https:\/\/blog.utc.edu\/app\/uploads\/sites\/152\/2026\/05\/Screenshot-2026-05-24-152515.png 741w, https:\/\/blog.utc.edu\/app\/uploads\/sites\/152\/2026\/05\/Screenshot-2026-05-24-152515-580x328.png 580w, https:\/\/blog.utc.edu\/app\/uploads\/sites\/152\/2026\/05\/Screenshot-2026-05-24-152515-610x345.png 610w\" sizes=\"auto, (max-width: 741px) 100vw, 741px\" \/><\/figure>\n<\/div>\n\n\n<p>News 12 covered several area companies who have announced layoffs. They spoke to <a href=\"https:\/\/www.utc.edu\/gary-w-rollins-college-of-business\/crer\/people#HowardJWallDirectorandChiefEconomist\">CRER director and chief economist Howard Wall<\/a> about them. <\/p>\n\n\n\n<p><em>\u201cOur prospects over the recent past has been downgraded. We really haven\u2019t been growing as we thought, we\u2019ve been kind of been slowly shrinking our employment for about a year and a half, and I think it\u2019s part of that and a big chunk of it is because the auto industry itself has not done well for the last two years.\u201d<\/em><\/p>\n\n\n\n<p><a href=\"https:\/\/www.wdef.com\/yangfeng-announces-155-permanent-layoffs-in-chattanooga\/\">Watch the whole story here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News 12 covered several area companies who have announced layoffs. They spoke to CRER director and chief economist Howard Wall about them. \u201cOur prospects over the recent past has been downgraded. We really haven\u2019t been growing as we thought, we\u2019ve been kind of been slowly shrinking our employment for about a year and a half,&hellip; <\/p>\n<p class=\"more-link-wrap\"><span><a class=\"more-link button text\" href=\"https:\/\/blog.utc.edu\/crer\/2026\/04\/30\/4-30-26-yangfeng-announces-155-permanent-layoffs-in-chattanooga\/\"><span>Continue Reading <\/span><\/a><\/span><\/p>\n","protected":false},"author":2009,"featured_media":719,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-718","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-media","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>4\/30\/26: Yangfeng Announces 155 Permanent Layoffs in Chattanooga - Center for Regional Economic Research<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.utc.edu\/crer\/2026\/04\/30\/4-30-26-yangfeng-announces-155-permanent-layoffs-in-chattanooga\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"4\/30\/26: Yangfeng Announces 155 Permanent Layoffs in Chattanooga - Center for Regional Economic Research\" \/>\n<meta property=\"og:description\" content=\"News 12 covered several area companies who have announced layoffs. They spoke to CRER director and chief economist Howard Wall about them. \u201cOur prospects over the recent past has been downgraded. 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