Cascade Cuts Workforce 20%, Freezes Pay
Post Views 1Truck components maker Cascade has cut 20% of its workforce.
The company has also reduced work schedules, including limited plant shutdowns, at most of its operations; cut executive pay by 10%, and implemented pay and hiring freezes.
Before the layoffs the Fairview, Oregon-based company had 2,400 employees.
Cascade Cuts Workforce 20%, Freezes Pay by Harrison Barnes