FEBRUARY 20, 2020 — 268 EMPLOYEES TO BE LAID OFF IN OSCEOLA, ARKANSAS
According to the company, approximately 268 employees at the Osceola American Greetings plant will be laid off in stages between late April and late June. The layoffs affect distribution, production and general factory workers.
Original post…
There is little or no doubt that the rising use of email and the exorbitant cost of greetings cards and postage played a major role in Westlake, Ohio-based American Greetings’ decision to shutdown their Bardstown, Kentucky facility and layoff approximately 450 workers.
In the tradition of corporate-speak, the company noted that it was "an evaluation of the company's future production needs" that drove the decision. And that “available space and capacity within the American Greetings network will be utilized” to minimize the impact of the closure scheduled by the end of February, 2019. It should be noted that the privately-owned company sold a 60% majority stake to Clayton Dubilier & Rice, one of the oldest (1978) private equity investment firms in the world.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?