Sanyo cutting personnel by 50%

[truetone36]

Inn the past I've mentioned the Sanyo t.v. plant in Forrest City, AR. which is 20 miles from where I live. On the local news tonight it was announced that they are laying off 300 of the plant's 650 employees. The reason; the plant produces only CRT t.v.s and the market for these sets has declined dramatically in recent years as flat screen and plasma have become more affordable. They are going to begin production of non-CRT sets at this plant, possibly by spring. It's a little sad to see this happen. There's a chance that in the near future this plant could be shut down, and it's been there for almost 50 years ( it was a Warwick plant before Sanyo took over in '75).


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