Locomotive order slowdown: GE Fort Worth to lay off 250 workers
February 6th, 2017
February 6, 2017 - Fort Worth Star Telegram -
Citing a slump in freight rail shipping, GE Manufacturing Solutions has begun laying off about one-third of its workforce at its locomotive plant in north Fort Worth, just west of the Texas Motor Speedway.
In all, about 250 hourly and salaried employees will lose their jobs at the plant that currently is producing on average nine to 10 freight locomotives a week. Plant opened in early 2013. Production at the plant will drop so much that the company said in a statement it will only need 50 percent “of the site’s available capacity.”
In June, the remaining employees will start working a 32-hour week, the company said. The reduced workweek will save about 70 jobs, the company has confirmed.
Read more here: http://www.star-telegram.com/news/business/article131075319.html#storylink=cpy
Citing a slump in freight rail shipping, GE Manufacturing Solutions has begun laying off about one-third of its workforce at its locomotive plant in north Fort Worth, just west of the Texas Motor Speedway.
In all, about 250 hourly and salaried employees will lose their jobs at the plant that currently is producing on average nine to 10 freight locomotives a week. Plant opened in early 2013. Production at the plant will drop so much that the company said in a statement it will only need 50 percent “of the site’s available capacity.”
In June, the remaining employees will start working a 32-hour week, the company said. The reduced workweek will save about 70 jobs, the company has confirmed.
Read more here: http://www.star-telegram.com/news/business/article131075319.html#storylink=cpy