Labor & Economic News Blog
Wednesday, June 06, 2007
Minnesota: Hutchinson Technology eliminating 500 jobs
Hutchinson Technology eliminating 500 jobsIn StarTribune.com Business
Facing increasing competition and overcapacity in some of its markets, Hutchinson Technology Inc., based in Hutchinson, Minn., said Tuesday it is eliminating 500 jobs. Most of the jobs will be cut at four manufacturing facilities, two of them in Minnesota. The layoffs represent about 9.3 percent of its workforce at those facilities.
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