Holcim Cement Layoffs Job Cut: Close Plant, fires 165 employees: Finance Trading Times

Holcim Cement Layoffs Job Cut: Close Plant, fires 165 employees

The news is not good for the employees of Holcim Cement. The company has decided to go for layoffs as a result of plant closure decision. The recession is taking a toll on all sectors and even the cement companies are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Holcim Cement. Holcim Cement Layoffs

How many employees may be fired in the Holcim Cement layoffs?
There will be around 165 layoffs, as per the reports that have come in due to plant closure.

What is the total no. of employees of Holcim Cement?
Total No. of employees of Holcim Cement is not known as of now. But the plant which is affected employs 165 employees.

Which locations will be affected by the Holcim Cement layoffs?
The layoffs affect employees at plant in Mason City's plant. Another Holcim plant in Artesia, Miss., will also close.

When will the Holcim Cement layoffs happen?
No confirm dates for the layoffs, but it is learnt that the layoffs will be done as soon as possible.

How much savings can be made by the company from the layoffs?
No details available about that.

What is the primary reasons for Holcim Cement layoffs?
Major reason is because of the slumping demand in the real state sector. The Mass.-based company blames market conditions and a forecasted reduction in demand for cement. Holcim says production will stop but it will keep its equipment and its permits current in hopes of reopening within two years.

Any other news about Holcim Cement layoffs
As per ChicagoTribune, The Mason City plant started as Northwestern States Portland Cement Co. in 1908. It was sold to the Swiss firm Holnam in 1990 and was renamed Holcim in 2001.
Let's hope that alternative jobs are available to the affected employees of Holcim Cement Layoffs Job Cut
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