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Corning considering local job cuts
WECT-TV ^ | 11/9/12

Posted on 11/09/2012 2:35:06 PM PST by My Favorite Headache

WILMINGTON, NC (WECT) - Corning is cutting up to 4% of its salaried workforce worldwide and the plant in Wilmington is currently considering how much impact it will have here locally.

WECT.com reached out to the company's corporate communications after getting a call that layoffs were mentioned Friday at the plant in Wilmington.

A spokesperson said a plan to reduce costs and restructuring will continue into 2013. Those actions include a layoff of about 500 salaried people companywide and adjusting the hourly workforce. The company would only say that Wilmington leaders are "evaluating the situation to determine the level of impact to its workforce. Any potential actions would be taken in early 2013."

Corning said earlier in the year they needed to restructure because of the "impact of the weak economy on all our businesses."


TOPICS: Business/Economy; News/Current Events; US: North Carolina
KEYWORDS:

1 posted on 11/09/2012 2:35:07 PM PST by My Favorite Headache
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To: My Favorite Headache

Is this Corning glassware, formerly of Corning, NY?


2 posted on 11/09/2012 2:42:52 PM PST by NautiNurse (BOHICA)
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To: My Favorite Headache

We haven’t quite cleared 20K layoffs since Wednesday...


3 posted on 11/09/2012 2:44:32 PM PST by null and void (The One can steal an election, but no one can steal our country.)
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To: NautiNurse
world headquarters is still in Corning... they laid off 100 at one of the local plants here this week too
4 posted on 11/09/2012 3:21:42 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: null and void

It’d be sweet justice if the ones getting laid off were Obama voters.


5 posted on 11/09/2012 4:09:53 PM PST by Stuart Alexander
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To: Stuart Alexander

If it’s random, about half are.

If I were the employers, it wouldn’t exactly be random...


6 posted on 11/09/2012 4:14:07 PM PST by null and void (The One can steal an election, but no one can steal our country.)
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To: My Favorite Headache

and the beat goes on.


7 posted on 11/09/2012 4:38:35 PM PST by Graybeard58 (What G.O.P.e. candidate is in store for us in 2016?)
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To: My Favorite Headache

and the beat goes on.


8 posted on 11/09/2012 4:39:29 PM PST by Graybeard58 (What G.O.P.e. candidate is in store for us in 2016?)
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To: NautiNurse
This is Corning Optical Fibers (fiber optics for telecom, etc).

Corning Optical Fibers (COF) (division of Corning, Inc.) will possibly be merged with Corning Cable Systems (CCS)(Another division of Corning, Inc. headquartered in Hickory, NC.)

COF makes the hair thin optical fibers, CCS coats & clads these fibers to give added strength & protection, then combines them into cables containing from 2 to several hundred fibers. One fiber can carry about 130,000 phone calls.


9 posted on 11/09/2012 7:00:30 PM PST by BwanaNdege (Man has often lost his way, but modern man has lost his address - Gilbert K. Chesterton)
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