|
Updated: 6:02 PM Nov 21, 2008
Mobile home manufacturer in Blount county lays of 90 in home office
Earlier this week Alcoa Incorporated laid off 45 union workers.
Today, Clayton-Vanderbilt cuts 90 jobs.
Some in the community feel the worst is yet to come.
Posted: 5:45 PM Nov 21, 2008Reporter: Stephen McLamb Email Address: Stephen.McLamb@wvlt-tv.com |
|
More challenging times in Blount county as a mobile home manufacturer lays off nearly one hundred workers.
Earlier this week Alcoa Incorporated laid off 45 union workers.
Today, Clayton-Vanderbilt cuts 90 jobs.
Some in the community feel the worst is yet to come.
The economy has yet another victim.
"It's the first time we've ever done this in this home office. I've been here ten years. It's a very challenging time for us," says Clayton Human Resource Director Sharon Kennedy.
Clayton-Vanderbilt homes lays off 90 people from their home office and it wasn't just entry level.
Kennedy says, "All the way up to some of our technology people who have been here 24 years, people who have been here six months."
Judy Brown's says her husband works at Clayton's and was one of the lucky ones.
"We were frantic there for a while when he came into work.
We weren't sure if he was one of them or not," says Brown.
Clayton points to a sagging housing market and credit crunch as the problem.
Kennedy says, "As a result of the economy and the factors we're facing in liquidity and financing in the housing industry in general."
Once 15-hundred people in the office, the figure is now closer to 14-hundred. And the company recently consolidated some operation closing two manufacturing facilities and laying off 280.
"In the fall, of course, a plant in Kentucky and one in Pennsylvania," says Kennedy.
With recent announcements at Alcoa and now Clayton's some are concerned about the future.
Judy Brown says, "Our 401k that he has, he's lost half of it in just the last year so I don't think we're at the bottom."
Jack Cole says, "I'm persuaded that it's going to keep on going until it get way down there. I hope I'm wrong. I sure hope I'm wrong."
Kennedy says workers were given a severance package and hopes that will help people until they can get back on their feet.
Clayton officials say they're also identifying struggling stores and a decision on those could be made in early December.
Latest Comments
Best of luck to all that was laid off. If the big wigs would take a cut on their bonus money the lay offs could have been avoided......Simon Hughes needs to go as well!
- Still more cats found in condemned Knox Co. home, dogs up for adoption
27 Comments - Family speaks out about 10-million dollar lawsuit against trooper
16 Comments - Knox Co. bus driver found with knife, arrested for assault
10 Comments - Trooper involved in fatal chase attends Nashville hearing
8 Comments - Sheriff: Facebook spat led to shooting deaths
6 Comments - More than a dozen kids taken to the hospital for drinking
6 Comments
| Powered: Local.com |
| Popular Searches |
- .DJI
- 12801.23
- -89.23
- -0.69%
- .INX
- 1342.64
- -9.31
- -0.69%
- .IXIC
- 2903.88
- -23.35
- -0.80%
- NYA
- 7992.03
- -89.22
- -1.10%
Quotes updated every 15 minutes



