Thread regarding Southwire layoffs

Southwire Lay-Off

Southwire, Carrollton, GA just finished a lay-off on Friday, 02/15. Reportedly 100-200 people involved. Supposedly the company is reorganizing but if you put together other Southwire closings (WI distribution center, TRW, etc.) is it a reorganization or vendetta against all of the former Coleman Cable holdings? Funny how most of this affected were the old Coleman groups.

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Post ID: @OP+XFYo1b0

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The company was so top heavy, this had to happen at some point. Being a former Coleman employee, I knew I would be laid off at some point, it's Southwire's M.O. They buy up a company, learn what they need to either grow their legacy business, shed off immediate waste, then slowly dissolve the company.

Only a few Coleman facilities are left. The Waukegan facility being the most cramped and oldest will soon be on the chopping block. Time is not on their side.

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Post ID: @1Jxeo+XFYo1b0

Not all director and above. 30% staff level.

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Post ID: @1bebn+XFYo1b0

I am hearing from a reliable source that it was 70 employees and all at Director level and above.

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Post ID: @3ncg+XFYo1b0

My son was leg to on Friday. Yes, he was at the management level and this crushed him. It's so sad and I hope everyone bounces back quickly.

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Post ID: @1kkw+XFYo1b0

It was a total of 146 employees who were relieved of duty at Southwire; mostly management.

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Post ID: @1yfc+XFYo1b0

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