Workers notified of big layoffs at Andersen Corp.
BAYPORT, Minn. - Workers at Andersen Corp. said they were notified Tuesday that the window and door maker will lay off more than 400 workers by the end of the year, news reports said.
Andersen - the world's largest maker of wood windows, patio doors and storm doors - employs more than 9,000 people worldwide, including its Bayport window and door factory, according to a corporate profile posted on its Web site. Annual revenue at the privately held company has been estimated at more than $2 billion.
Company officials declined to comment Tuesday, saying they needed to communicate with employees first before releasing any information. A spokeswoman said the company planned to make a statement Wednesday morning.
Read more up to the mintue news.
Accross the nation...
November layoffs rise by 11 percent
Jump in layoffs led by large round of auto industry cuts
NEW YORK - Planned U.S. layoffs rose 11 percent in November from the previous month, led by a heavy round of job cuts in the automotive industry, an independent report showed on Tuesday.
Announced layoffs totaled 76,773 in November, up from 69,177 in October but down from 99,279 a year earlier, according to Challenger, Gray & Christmas Inc., an employment consulting firm.
The pick-up in planned layoffs was evidence that U.S. economic growth is slowing, as companies trimmed payrolls in anticipation of weakening business conditions.
Interesting video.
10 comments:
"The economy is STRONG and getting
STRONGER"
What a crappo time of year for this to happen. Going back I can remember layoffs occuring but not too many in past years, its too bad how things can be good for a stretch of years and have to go bad. My thoughts to anybody out there affected by this layoff.
And, I beleive this will have an effect on the school referendum. Layoffs usually do, and people faced with reduced income would be inclined to vote no. I can't say this would make a huge difference, but it will have some impact on the vote. While Hudson is lucky to not be dependent on any one big industry, Andy's is probably the biggest employer of Hudson residents.
It's really too bad that there isn't some way to give folks like laid off workers or seniors a break or tax holiday. I'm voting YES, but feel for people in situations like this. You'd think there'd be a way to address that?
There is a way to address this. Lowes is opening up in Stillwater and the trucking industry is short 20,000 drivers.
Yeah but...
The Borderline Nut Farm is laying off too. All these good paying jobs can't be absorbed by Lowe's.
I'm sure that the 80 something crowd will be eager to retrain on the 18 wheelers.
TownCrier applied at Lowes and they hired him to stuff flyers into Sunday papers. First he needs to undergo an eight week training program.
there is an excess supply of cubicle lawyers
Anon,
But that excess isn't as large as fur headbanded jogging house husbands posing as entrepenuers.
I hear the Borderline Nut Factory is looking for a few good Go Go girls.
What's a "cubicle lawyer?"
It's like in the Bible. They work in a
space that 2cubics X 4 Cubics X 8 Cubics.
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