How many employees will be fired by Black & Decker layoffs?
Around 1,200 employees will be asked to quit their jobs at Black & Decker. Which department of employees will be affected by the Black & Decker Layoffs? Most of the job cuts will be in the manufacturing department. Which locations will be affected by the Black & Decker Layoffs? Most layoffs in manufacturing will be at Reynosa, Mexico. Employees in Asia, Tennessee and California will also be affected. There will be some job cuts in the Baltimore area as well. How much savings can be made by outsourcing and Black & Decker Layoffs? There is no information provided by the company about the savings to be made by the job cuts. WHat are the primary reasons of Black & Decker Layoffs The worsening global economy means that there is a decline in sales and hence that is the reason that company is deciding to go for manufacturing job cuts mainly. Any other news about Black & Decker? As per BaltimoreSun, The company reported fourth-quarter earnings of $43.7 million, or 73 cents per share, compared
