KOA Speer Looking at Layoffs

KOA Speer is offering its employees a voluntary layoff for the month of December because many of the company's customers will be going through shutdowns next month.

KOA CFO Lance Eastman says the company has received a number of notices from customers – primarily in the automotive industry – that they will be shutting down for part of December.

The number of people laid off will depend on how many volunteer, and is not expected to go into January.

Comments

Popular posts from this blog

Arrests in Operation Diamond Drop

Cops: Man Had Sex with 13-Year-Old

Two Arrested on Drug Charges