SYRACUSE, N.Y. — Penn Traffic Co. has informed the New York State Department of Labor that it could shutter most of its stores on Feb. 15, although reports said the company is still hoping to find a buyer by that time.
In a filing with the state, Penn Traffic, which filed for Chapter 11 bankruptcy on Nov. 18, said it could lay off as many as 4,142 workers at 55 locations around the state, including at its headquarters in Syracuse. Many of the workers are members of United Food and Commercial Workers Local 1, based in Oriskany, N.Y.
In a statement on the local's website, Frank DeRiso, president, said he did not believe there would be "any interruption" in worker benefits, calling the state notices of potential layoffs" a formality."
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