Founded in Bellevue, WA in 1987, and now headquartered in Auburn, this popular car audio and stereo store is calling it quits.
WARN Alert from Employment Security indicates the company is closing down
Car Toys has filed for bankruptcy, according to FOX 12 TV news and other sources in Western WA.
The alert from Employment Security said 177 workers will be laid off with an expected “separation’ date of October 20th of this year. The company filing in Western WA indicated they have around $10 million in assets and $50 million in liabilities.
The company has a total of 450 workers…