Keurig: 200 Vt. Workers to Be Laid Off - NECN
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Keurig: 200 Vt. Workers to Be Laid Off

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    Keurig: 200 Vt. Workers to Be Laid Off
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    The bulk of the layoffs announced by Vermont-based Keurig Green Mountain this week will be in Vermont, company officials say.

    A company spokeswoman says 200 of the 330 layoffs announced Wednesday will be Vermont workers. She says the Waterbury-based company has about 2,000 employees statewide.

    Officials say most of the layoffs will be from the Waterbury facility. They emphasize that there are about 75 production jobs opening up at both the Waterbury and Williston facilities and some of the laid off workers may find jobs there.

    The company Wednesday reported lower quarterly sales and said it was cutting five percent of its workforce worldwide in an effort to reduce costs. Third-quarter profits slumped 27 percent to $113.6 million.

    Keurig also has a plant in Exeter, Vermont.

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