Black Thursday at Gentex. Layoffs are currently happening at Gentex Corporation. As Salary and hourly production workers are being let go as I write this.
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Seems like they could do a bit more to try and retain their employees during this time. IMO. I’m sure the share holder wouldn’t agree.
May layoffs and retirements were 700, more to come in June/ July 2020. Rumor has it to the tune of close to half of the remaining 5100 employees.
A lot of companies showing their true colors right now.
At least 1500 employees
Does anyone know how many people this time?