Money Tracker Daily

Illinois layoffs citing bankruptcy

4 employers citing bankruptcy have filed 9 WARN notices since January 2023, covering 4,446 workers in Cook County, Macon County, McHenry County, Lake County and 1 more. Largest by workers: Yellow (2,900); True Value Company (873); Akorn Operating Company (611). They came in 4 filing rounds, received by the Illinois DCEO on Feb 22, 2023, Aug 2, 2023, Oct 16, 2024 and Nov 14, 2024. The latest notice (62 workers, from The RoomPlace) took effect on Dec 31, 2024.

Last updated
Latest notice
Source
Illinois Department of Commerce and Economic Opportunity

About this data: figures are collected automatically from Illinois Department of Commerce and Economic Opportunity and checked before publication. They are for general information only and are not advice. Confirm with the source before acting. Last verified Oct 7, 2026, 11:00 AM ET. Report an error →

Employer names, worker counts and dates are as reported to the Illinois Department of Commerce and Economic Opportunity in WARN notices and may be amended by the filer; the Department says some information could not be verified at publication and issues revised reports. Employers who believe a listing is inaccurate can email editor@moneytrackerdaily.com with the company name and received date.

All Illinois WARN notices · Methodology · Download CSV · Cite this

Summary

WARN notices9
Workers affected4,446
Closures63,573 workers; the rest are layoffs
Received datesFeb 2023 – Nov 2024
Largest notice2,900Yellow, Aug 2, 2023

All 9 notices

Newest first. Employer names and worker counts are as filed with the state; each notice links to the state's official listing (Illinois WARN reports), which has no page for a single notice.
ReceivedEmployer (as filed)CountySiteWorkersTypeReasonFirst layoffSource
Nov 14, 2024The RoomPlaceWill1120 W. Remington Blvd., Romeoville, IL 6044162ClosureBankruptcyDec 31, 2024Listing
Oct 16, 2024True Value Company, LLCCook8600 W.Bryn Mawr Ave., Chicago, IL 60631482Possible closureBankruptcyDec 14, 2024Listing
Oct 16, 2024True Value Company, LLCMcHenry306 & 308 S. Division St., Harvard, IL 60033243Possible closureBankruptcyDec 14, 2024Listing
Oct 16, 2024True Value Company, LLCMcHenry201 Jandus Road, Cary, IL 60013148Possible closureBankruptcyDec 14, 2024Listing
Aug 2, 2023Yellow CorporationStatewide locations, Statewide2,900ClosureBankruptcyJul 28, 2023Listing
Feb 22, 2023Akorn Operating Company LLCMacon1222 West Grand Ave., Decatur, IL 62522290ClosureBankruptcyFeb 23, 2023Listing
Feb 22, 2023Akorn Operating Company LLCLake5605 CenterPoint Court, Suite B, Gurnee, IL 60031169ClosureBankruptcyFeb 23, 2023Listing
Feb 22, 2023Akorn Operating Company LLCMacon150 South Wyckles Rd, Decatur, IL 62522112ClosureBankruptcyFeb 23, 2023Listing
Feb 22, 2023Akorn Operating Company LLCLake50 Lakeview Parkway, #112, Vernon Hills, IL 6006140ClosureBankruptcyFeb 23, 2023Listing

By employer

Workers affected, most first.
EmployerNoticesWorkers
Yellow12,900
True Value Company3873
Akorn Operating Company4611
The RoomPlace162

By county

Workers affected, most first.
CountyNoticesWorkers
Cook County1482
Macon County2402
McHenry County2391
Lake County2209
Will County162

Methodology

Source
Illinois Department of Commerce and Economic Opportunity — monthly WARN reports (Illinois workNet)
What is included
Every Illinois WARN notice we have stored whose reason is Bankruptcy, from all years collected, not only the current one. Totals are calculated by us from the notices.
Last updated
Oct 7, 2026, 11:00 AM ET
Download
CSV of the notices on this page
Cite this

Money Tracker Daily, "Illinois layoffs citing bankruptcy", updated October 7, 2026, https://moneytrackerdaily.com/trackers/layoffs/illinois/reason/bankruptcy. Data: Illinois Department of Commerce and Economic Opportunity, monthly WARN reports (Illinois workNet).

Spotted an error? See our corrections policy or email editor@moneytrackerdaily.com.