APRIL 3, 2020 | 5 P.M. | JENSEN BEACH–The Hobby Lobby corporation notified employees Friday that all 900 stores are closed “until further notice” and “a large portion of corporate and distribution employees” would be furloughed. This includes the store in Jensen Beach on U.S. 1.
The company website reports over 43,000 employees worldwide.
The company memo, posted on the company’s website, cited “efforts to manage and mitigate the devastating health and economic impacts of the COVID-19 virus” as the reason for the drastic move.
The memo also gave notice that they are ending emergency leave pay and suspending the use of Company-provided paid time off benefits (PPTO and Vacation) in accordance with the requirements outlined in the CARES Act (subject to State law requirements).”
As the company has done in the recent past, employees were urged to apply for unemployment insurance.
“However, we will maintain medical, dental, life, and long-term disability benefits for employees while furloughed through at least May 1, 2020, and will pay the cost of employee premiums for these benefits on behalf of employees while furloughed without pay,” read the memo.