LAKE FOREST, IL — JanSan distributor W.W. Grainger announced plans to lay off as many as 400 workers, according to an Associated Press story hosted by Forbes.com.
The news comes in response to a January sales slump of nine percent, the story stated.
The company hopes to save $25 to $35 million annualy from the layoffs, the story noted.
Grainger says it will not fill any open positions and will cut the hours of part-time workers for the time being, the story added.
Monday, February 16, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment