- May 9, 2024
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Palm Coast Data is planning to lay off 100-125 of its 400 employees and is exploring options to relocate from Commerce Boulevard. PCD President John Meneough said Friday, May 22, that he is committed to keeping the company in the city.
"I really appreciate the fact that their commitment was to stay in Palm Coast," said Mayor Milissa Holland.
Among the locations being discussed is City Marketplace, which is where, until 2015, the city of Palm Coast rented office space to serve as City Hall. If City Marketplace is ultimately chosen, it would be the second time in a row that PCD had backfilled a temporary location of City Hall; the city was also headquartered at 2 Commerce Blvd. until that space was vacated to make room for PCD.
However, City Marketplace is not a done deal. Meneough told the Palm Coast Observer, “Nothing is finalized yet. We’ve explored other things, kicked other tires. There are other options." A decision will be made “in a short time,” he said.
The base of about employees, who fulfill magazine subscriptions, will keep the company local, said Meneough, who has been president since 2019, after former President Rory Burke retired. It is Meneough’s second tour with the company; he has been working with nonprofits and other businesses since he retired in 2007, when Amrep Corp. bought PCD.
The number of layoffs is “fluid,” Meneough said, as the company continues to adjust its services to the print subscription industry. “I’ve been in the business 40 years, and it’s changed drastically,” he said.
