Employers Slash Wages Across Local Firms Amid Economic Downturn
Gould announced March 16 as the start of temporary pay reductions for hourly and salaried staff across Bendix and Ridge Tool as part of cost cutting. City workers face 10 percent cuts reducing payroll costs by about 150000 with March layoffs avoided but impact visible in April or May. Elyria ZIP 44035 shows rising jobless claims from 470 last August to over a thousand in recent months. Contact Cindy Leise at 329 7245.
MENTIONED IN THIS ARTICLE
Gould
Elyria
County sales tax revenues fall as cuts deepen
Elyria Lorain County officials report sales tax receipts down for the first two months, following a real estate fee shortfall. Commissioners cut 6 million dollars and laid off more than 75 workers while approving a 0.5 percent sales tax hike contingent on voter approval. If lawmakers reject it, further layoffs are expected.
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Elyria
Lorain
Craig Snodgrass
Snodgrass
Ted Kale
Dominic Manucci
Kale
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