Colson Cuts 46 Employees. (NE Journal).Colson Caster cast·er n. 1. One that casts: a caster of nets. 2. also cas·tor A small wheel on a swivel, attached under a piece of furniture or other heavy object to make it easier to move. Corp. of Jonesboro said slumping sales forced the company to lay off 46 employees since October. The company wouldn't say how much sales were off or how much the layoffs will save the company. Sales for the company that makes steel, rubber and plastic casters casters the small rubber wheels on surgical trolleys, patient stretchers, mobile equipment. conductive casters the casters are impregnated with carbon to facilitate the dispersal of static electricity from equipment. for the manufacturing industry began to sag last November, said Darrell Pickney, the company's human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. manager. Colson, which has about 220 employees, tried a hiring freeze Noun 1. hiring freeze - a freeze on hiring freeze - fixing (of prices or wages etc) at a particular level; "a freeze on hiring" . "We were able to hold off for several months that way," Pickney said. The company also tried to avoid cuts by offering a voluntary layoff Layoff 1. When a company eliminates jobs regardless of how good the employees' performance. 2. A risk reduction, made by investment bankers, that minimizes the potential downside associated with a commitment to purchase and sell a stock issue unsubscribed by stockholders holding in the summer. About 20 employees took advantage of the plan, he said. "When they came back, that's when it became necessary for the mandatory layoff to take place," Pickney said. The company laid off workers in October and November. Pickney said he doesn't expect any more layoffs. "Hopefully things will pick up, and we'll call them back," he said. Colson, which opened in Jonesboro in 1957, is a subsidiary of the Marmon Group Inc. of Chicago. |
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