UNITED STATIONERS TO LAY-OFF 250 EMPLOYEES

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UNITED STATIONERS TO LAY-OFF 250 EMPLOYEES

 user 2009-01-28 at 3:49:51 pm Views: 45
  • #21156
    http://www.chicagotribune.com/business/chi-biz-united-stationers-lay-off-jan27,0,1914730.story
    United Stationers to lay off 250
    United
    Stationers Inc., moving to counter what it called “the challenging
    economic environment,” joined the swelling ranks of U.S. corporations
    trimming their workforce Tuesday, when it unveiled a corporate
    belt-tightening effort that will cost about 250 workers their jobs.

    The
    Deerfield business-products distributor said the job cuts represent
    about 4 percent of its total workforce, and will include both
    management and non-management positions. About half of the 250
    positions slated for elimination have been identified already and will
    take place this week, United Stationers said; the remaining 125 jobs
    due to be cut will be identified and implemented by the end of March.

    The
    staff cutbacks will generate a pretax charge of between $2.5 million
    and $3.5 million, the distribution concern said.The cuts, said
    President and Chief Executive Officer Richard Gochnauer, represent “a
    necessary response to current market conditions.” Through the workforce
    reduction and other actions, he said, the company will be “able to
    better align our expenses with the lower sales levels we are
    experiencing.”