As announcements of job cuts from major auto and airline companies come pouring in, a 23-employee cut by Buck Knife doesn’t seem too extreme. But in a 200-person company, that loss is painful. Buck cites the slowing economy and a “softer than anticipated sales forecast” as reasons for the May 28 reduction.
“Layoffs are a common necessity during slow economies, as has been happening all across America, but at Buck Knives we view our employees as family, so it is much more difficult,” Buck’s COO Phil Duckett said in a release. “We view layoffs as the very last resort and made every effort to reduce costs before having to initiate the layoff.”
CONTACT US at 208.336.3768
SUBSCRIBE
