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July 13, 2007
Longaberger Co. is cutting its salaried workforce.
Newark-based Longaberger, a manufacturer of baskets and other home products, announced Thursday it plans to cut 113 salaried, professional positions at its headquarters in an effort to implement its latest growth plan.
"While these are difficult decisions, they will ensure that we remain on track with our growth agenda," Jim Gimeson, Longaberger's executive vice president and chief operating officer, said in a statement. "By streamlining, we will lower our cost base and narrow our focus to those initiatives that lead to sustainable growth."
Longaberger plans to reduce its workforce by a combination of attrition, elimination of open positions and a reduction in the current staff.
Longaberger's announcement comes after the company recalled 471 basket makers in June who had been part of a temporary workforce reduction in March.
After cutting the 113 positions, Longaberger estimates it will have about 3,000 employees.