Toshiba America Inc. plans to cut 300 employees at its Lebanon, Tennessee, U.S. manufacturing plant following the company's decision to stop producing some types of televisions. Toshiba told the Tennessee Department of Labor and Workforce Development of its plans earlier this week in a letter.
The company said it intends to lay off 60 employees at the facility around Dec. 31, 2005. About a month later, the company will cut an additional 219 employees.
The layoff is the result of Toshiba's decision to discontinue production of rear projection televisions and plasma televisions at the plant, which opened in the late 1970s. The company expects the layoffs to be permanent, the letter states.
Toshiba America is a subsidiary of the Tokyo-based parent company Toshiba Corp. (Tennessean.com)
to Daily News