W R Case lays off 45 additional associates

caselogoReporting some knife collector news is not fun and this “news” is one of those. Last week, Case announced its third round of lay-offs this year. As reported in the Bradford Era, last Thursday Case laid off an additional 45 associates.

The culprit of the 154 layoffs is the current economic conditions we are in the middle of here in the US. Folks have tightened their belts and are holding off on buying non-necessities, even to the point of purchasing fewer knives.

“Reducing our work forces is an unfortunate outcome of the current economic environment. We will continue to evaluate our staffing needs until the economy regains strength.” said Chief Executive Officer Tom Arrowsmith in the release put out by the company the end of last week and as reported in the Bradford paper.

Case is continuing to develop new knife offerings to stimulate sales and hopes it will be in a position to bring back these associates in the future.

Advertisements
Published in: on July 9, 2009 at 10:10 am  Leave a Comment  
Tags: ,

The URI to TrackBack this entry is: https://cutlerynewsjournal.wordpress.com/2009/07/09/w-r-case-lays-off-45-additional-associates/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: