Kolbe & Kolbe cuts 334 employees - WAOW - Newsline 9, Wausau News, Weather, Sports

Kolbe & Kolbe cuts 334 employees

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by Kelsi Schindler

WAUSAU (WAOW) -- Kolbe & Kolbe is laying off over 300 employees, Monday.

According to a news release from the company, most of the affected production and office employees are located at the Wausau facility.

Michael Salsieder, Kolbe’s president, stated that “the company anticipates the lay-off to be a temporary measure, intending to call back as many of the workers as possible in early spring of 2010... While it is our desire to recall as many of the laid-off employees as possible in the early spring, the precise number will be determined by the resiliency of the economy and its ability to return to a normalcy that will result in sustained levels of sales revenues to justify employment levels we have previously experienced.”

The company has locations in Wausau, Manawa, Chicago and Fort Collins, CO.

Newsline 9's Colby Robertson is covering this story. Stay tuned to WAOW.com and Newsline 9 for her report.

Read the entire press release from Kolbe & Kolbe by clicking here.

Online Reporter: Kelsi Schindler

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