Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowGeneral Electric is laying off 164 workers at a southern Indiana refrigerator factory, although that is about 30 fewer
than the company had anticipated.
Layoff notices were handed out today at the Bloomington factory, which will
be left with some 530 workers.
Company officials announced plans last year to close the factory. The company
reversed that decision in July, saying government incentives for making energy-efficient appliances there could be extended
until 2013.
General Electric said the layoffs are necessary because demand is down 42 percent over the past three
years for the side-by-side refrigerators made at the plant. It said about half those workers being laid off are eligible for
retirement.
Please enable JavaScript to view this content.