Please ensure Javascript is enabled for purposes of website accessibility
Your free article limit has been reached this month.

Warranty provider cuts 75 employees, hints at more layoffs coming

"Unforeseeable business circumstances" lead to job cuts at Protect My Car in St. Petersburg.


  • By Louis Llovio
  • | 3:30 p.m. March 2, 2023
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
  • Share

Protect My Car, a St. Petersburg automobile warranty and maintenance plan provider, laid off 75 employees last month in what may be the first of several rounds of job cuts.

In a letter to the state posted online Thursday March 2, the company says the cuts “must be made due to unforeseeable business circumstances.” It did not detail what the circumstance were but said that “based on the best available information available at this time, there will be a mass layoff” and called the 75 jobs cuts “the first separation.”

The eliminated jobs were at the company’s offices at 570 Carillon Parkway. Protect My Car is a d/b/a for Advance Marketing and Processing Inc. The company’s LinkedIn page says it was founded in 2005 and employs between 201 and 500 people.

 


Your Business News. Your Way.

Subscribe today. Cancel anytime.

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

Latest News

×

Special Offer: Only $1 Per Week For 1 Year!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.