« Atlantic Yards Report Digest | Main | The class of 2010 - stay or go? »
November 10, 2008
Forest City to trim work force
Crain's Cleveland Business
By Stan Bullard
Last week, we missed this article about the layoffs at Forest City Enterprises. Crain's didn't get any further than the Plain Dealer did in pinning down additional details about the workforce cuts:
Forest City Enterprises Inc. (NYSE: FCEa, FCEb), the Cleveland-based mega developer and property owner, confirmed today that it will lay off an undisclosed number of employees, although spokesman Jeff Linton described it as a “small percentage” of its national work force of 3,200.
...
Forest City’s largest concentration of employees is in Cleveland where it employs 800 people, but Mr. Linton declined to say if the largest number of job cuts is here. He said the layoffs are in various units of the company and span its geographic footprint, which stretches from New York City to Hawaii.
Posted by lumi at November 10, 2008 5:18 AM