LSI announces layoffs in Wichita
WICHITA, Kansas, July 25, 2007 – Today, LSI announced a massive layoff with 225 line production workers losing their jobs sometime in the next 12 months. Those employees whose jobs are eliminated will be notified six weeks before hand.
All affected employees will receive a full severance package, which includes severance payment, health insurance and job transition assistance.
Apparently, LSI will be outsourcing to a third party to manufacture its goods, which is definitely a trend in the industry.
But for now, the other 500 jobs appear to be safe.
LSI is making drastic changes across the world -- closing its plant in Singapore and selling the plant in Thailand.
All affected employees will receive a full severance package, which includes severance payment, health insurance and job transition assistance.
Apparently, LSI will be outsourcing to a third party to manufacture its goods, which is definitely a trend in the industry.
But for now, the other 500 jobs appear to be safe.
LSI is making drastic changes across the world -- closing its plant in Singapore and selling the plant in Thailand.
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