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Article: Notices of area layoffs proliferate
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- June 25, 2009
- Author:
CopyrightCopyright 2009 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Already enduring the steepest job slump in decades, the Milwaukee
area received word of further cutback plans Wednesday, including an
unspecified number of local jobs at Bucyrus International and 254
positions at American General Life Cos.
Bucyrus, the South Milwaukee-based mining equipment manufacturer,
said in a statement that the global economic downturn has shrunk
demand for its equipment.
"Because of this, we have reduced both our production and non-
production personnel at our South Milwaukee location," the company
said in its statement. "We believe that these reductions will align
our resources with our production requirements. We are continuously
monitoring our markets to ensure that ...
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