He did not say how many employees would lose their jobs as a result of the deal.
Based upon this statement about 3.250 employees would lose their jobs.
About 300 of the 700 corporate employees lost their homes as well.
Some 3,125 employees will lose their jobs, the company said.
Between 50 and 100 employees lost their jobs when they were cut from the payroll in October 2007.
In most states, even employees of long standing may lose their jobs when they develop a serious health problem.
In the last 15 months, police reports show, three other employees at the 200-worker factory have lost fingers on the job.
From this incident little less than 100,000 employees lost their jobs.
Especially in these industries many employees lost their job the last years.
During an economic crisis many companies get into difficulties and employees lose their jobs.