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Remington Arms reduces its workforce, again

Remington Arms reduces its workforce, again

Remington Arms announced more layoffs at its Ilion, New York plant, reportedly due to an ongoing downturn in the firearms industry. (Photo: Donna Abbott-Vlahos/Triad Business Journal)

Remington Arms announced more layoffs at its Ilion, New York plant, reportedly due to an ongoing downturn in the firearms industry. (Photo: Donna Abbott-Vlahos/Triad Business Journal)

Remington Arms announced more layoffs at its Ilion, New York plant last week, reportedly due to an ongoing downturn in the firearms industry.

The gun maker released 156 employees in March in two successive rounds — in the face of mounting inventory and dwindling orders — and now looks to lower the axe on 55 additional workers, as weak demand persists.

Continued: http://www.guns.com/2017/09/11/remington-arms/?utm_campaign=trueAnthem%3A+Trending+Content&utm_content=59b6fcd704d3017378d9aca1&utm_medium=trueAnthem&utm_source=facebook

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GNmosasaurus009/12/2017, 10:35am
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