You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Maytag begins Searcy layoffs: Company officials mum on numbers [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-12-04 08:56 PM
Original message
Maytag begins Searcy layoffs: Company officials mum on numbers
Advertisements [?]
http://www.thedailycitizen.com/articles/2004/06/12/news/news01.txt

Both salaried employees and temporary production workers have lost their jobs at Maytag's Searcy plant, but company officials are remaining tight-lipped about it. The firings come as Maytag faces a barrage of bad financial news, a strike at one of its plants and a stinging critique issued by the nation's largest retirement fund.

<snip>

Company spokesperson Lynn Dragomier said Thursday that "a few" salaried workers in Searcy would lose their jobs as part of a nationwide corporate restructuring plan. On Friday she said that additionally "some adjustments are being made in production schedules that will affect temporarily temporary workers."

<snip>

But an as yet undetermined number of workers who showed up for work at both the morning and evening shifts Thursday were directed to a break room, where they were told they no longer had work at the factory and were sent home, The Daily Citizen has learned.

<snip>

The restructuring plan was announced last Friday in response to a 22 percent drop in revenue for Maytag's Hoover line of appliances.

The company fired nearly 20 percent of its salaried workforce, or 1,100 of 5,800 salaried employees. The bulk of the layoffs were made at the Hoover plant in North Canton, Ohio and at corporate headquarters in Newton, Iowa.

...more...
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC