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Steelcase Cutting Up to 900 Jobs as Forecast Worsens
December 4,
2008 by in UnCategorized
By Home Furnishings Business in Case Goods on December 2008
Steelcase, the Grand Rapids, Mich.-based office furniture maker, said Thursday it is closing a factory in Atlanta next year and will eliminate 300 white collar jobs as it weathers the economic slump.
In addition, 300 other workers have received notice that layoffs may be ordered in the next few weeks, mainly in Michigan. The company expects third-quarter revenue of about $805 million after saying earlier that revenues would top $840 million.
According to published reports, 300 people will be idled as work at the Atlanta factory is shifted to Athens, Ala., one of eight plants the $2.3 billion company current operates in the United States. The office furniture giant’s worldwide workforce totals 13,000.