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Tuesday, August 18, 2009

Teledyne Brown layoffs 130 employees


Rex Gevenden, President of Teledyne Brown, said the company has given 60 day layoff notices to 130 employees.

The possible cuts are at the company's "plant 2" near the intersection of Mooresville Road and Interstate 565.

Gevenden said the cuts are directly related to a slow-down in a Department of Energy Nuclear Enrichment project in Ohio.

Even though the initial notification is for 130 employees, the acutal cuts could be less.

"There's almost no question that there will be some layoffs. We just don't know the extent of it until we negotiate the terms of the suspension, and we ultimately know what our customer wants to happen during this period," said Gevenden.

He also said Teledyne Brown is working to relocate workers to other projects to lessen the impact of the cuts.

Source: WAFF

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