80 Layoffs at Zippo

Zippo laid off 80 employees Thursday in response to a number of corporate initiatives that have resulted in improved efficiencies and operating capabilities.

Zippo recently offered an Early Retirement Program to a number of employees. Depending on the decisions of those employees, some who were laid off may be recalled.

Company President Greg Booth says Zippo continues to actively pursue new business opportunities and new products that may lead to increased staffing in the future.

Zippo News Release (doc)

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