Labor & Economic News Blog


Tuesday, January 13, 2009

Hutchinson Tech sheds 1,380 workers

Hutchinson Tech sheds 1,380 workers
For Hutchinson Technology and the town that is its namesake, the deepening global recession has gone from bad to worse. The disk drive parts maker said Monday it is shedding 1,380 workers, or 30 percent of its workforce. Just a month ago, Hutchinson said it expected cuts of 20 to 25 percent, or 1,100.

 



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