Wednesday, January 28, 2009
DEERFIELD, IL — In "a necessary response to market conditions," JanSan distributor United Stationers Inc. announced plans to lay off some 250 employees, according to the Chicago Tribune.
Nearly half of the job cuts will be executed by the end of the week, while the remainder will be enforced by the end of March, the story stated.
The 4 percent workforce reduction will affect both management and non-management positions, the story noted.
President and Chief Executive Officer Richard Gochnauer said: "Through the workforce reduction and other actions the company will be able to better align our expenses with the lower sales levels we are experiencing."
The staff cutbacks will generate a pretax charge of between $2.5 million and $3.5 million, the story added.
Monday, February 16, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment