Jefferson County Firm to Lay Off 100 Workers
Pine Bluff - The decline in the housing market is impacting another Arkansas company, forcing a layoff.
Starting next week more than 100 employees with Central Moloney in Jefferson County will be without a job.
The company, which manufactures transformers and transformer components, says as soon as business picks up again they will do everything possible to rehire those who wish to return.
Last month, Central Maloney went to four-day work weeks in an attempt to avoid the move, but says orders have slowed too much because of the downturn in housing.
Find thousands of Bilingual jobs at LatPro.com.
Starting next week more than 100 employees with Central Moloney in Jefferson County will be without a job.
The company, which manufactures transformers and transformer components, says as soon as business picks up again they will do everything possible to rehire those who wish to return.
Last month, Central Maloney went to four-day work weeks in an attempt to avoid the move, but says orders have slowed too much because of the downturn in housing.
Find thousands of Bilingual jobs at LatPro.com.
Labels: Arkansas, Central Maloney, layoffs
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