Longaberger Laying Off 295
The basketmaker announced the elimination of 120 management, administrative and support positions and a reduction of 175 manufacturing jobs in basketmaking, distribution and woodcrafts, because of the recession.
The company also announced wage reductions that begin March 29 for salaried employees at all levels, including senior managers and Chief Executive Officer Tami Longaberger, who will take a 15 percent pay cut.
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