Governor Jim Douglas has taken his message of fiscal austerity in state government to a wider audience; to avoid layoffs, GE Aviation in Rutland is offering more voluntary furloughs to employees; more…
Most of the
workers laid off this week at the Ethan Allen furniture plant in Beecher Falls,
Vt., are from New Hampshire, so the layoffs are causing concern on both sides
of the border.
Another
area institution has been forced to cut back because of the recession. Dartmouth College announced almost 150 job cuts this week – about a
third of them through layoffs – as it struggles to reduce spending by ten
percent over two years.
More layoffs and job cutbacks have been announced across Vermont; A new security breach has the Vermont Bankers Association telling consumers need to monitor their credit and debit card statements.
Carris Reels, a Rutland company that makes reels and spools for the wire and
cable industry, is laying off 21 workers due to sharp decreases in orders.