GE says Wednesday layoffs come from May announcement - KTRE.com | Lufkin and Nacogdoches, Texas

Breaking

GE says Wednesday layoffs come from May announcement

LUFKIN, TX (KTRE) -

GE officials says employees were laid off Wednesday as part of a consolidation announced in May.

"The layoffs are part of that transfer of work process," Lindsey Benton, the external affairs leader for GE, said in an email statement. "This was a very difficult decision to make, but one we must make for the long-term health of the business.

KTRE is seeking clarification from Benton on how many people have been laid off Wednesday and which operations are still working.

It appears these layoffs may have come from the Worker Adjustment and Retraining Notification the company released in May.

The WARN Act requires companies to provide notice 60 days in advance of plant closures or mass layoffs.

Timeline of recent Lufkin Industries/ GE events:

*2013 - Lufkin shareholders approve merger with GE

*November 2014 - GE announces a $60M investment to Foundry

*January 2015 - GE announces layoffs. Economic board backs out of Foundry Investment deal.

*July 2015 - GE interested in selling Foundry.

*August 2015 - GE announces closing of Foundry resulting in the loss of 176 jobs.

*March 2016 - GE announces cutting back 30 wielding jobs.

*May 2016 - GE announces restructuring of Lufkin facilities.

* July 2016 - Layoffs from May announcement take effect.

Copyright 2016 KTRE. All rights reserved.

Powered by Frankly