Play 23 different addictive eWoss Games. It's FREE! Win money!
eWoss News
Home  News  Sports  Games
   
Welcome Guest
   Sign Up | Sign In
Business News
Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance

eWoss News
Breaking News Headlines
Top News Stories
U.S. National News
World News
Sports News
Business News
Entertainment News
Tech Industry News
Political News
Science News
Health News
Weird News

eWoss NewsBar
Free News Headlines Embedded in Your Browser

eWoss Sports
eWoss Sports Home
NFL
NBA
NCAA Football
College Hoops
NHL
MLB

Latest Business News

Hanesbrands to Cut 5,300 Jobs

Wednesday, June 27, 2007 5:27:22 PM
By IEVA M. AUGSTUMS

CHARLOTTE, N.C. (AP) - Hanesbrands Inc. will cut 5,300 jobs, or 11 percent of its current work force, and close nine sewing and assembly operations as it moves production to lower-cost sites in Asia and Central America.

The underwear and apparel maker said Wednesday it will close plants affecting nearly 5,000 employees, mostly in Mexico and the Dominican Republic. Positions in Canada, the United States and Puerto Rico also will be eliminated.

Another 350 management and administration positions will be cut, mostly in the United States.


Would you like to read the rest of this article?

Register with us. It's free!

Registered users have complete access to all articles.

The registration process takes less than one minute to complete. Remember, there is absolutely no charge for this service.

So please sign up or sign in to enjoy unrestricted access to eWoss News.

Other Latest Business News

Corning lowers 4Q profit outlook 1:23PM CT
France plans new conference on financial crisis 1:13PM CT
Berlusconi says no auto aid for now 1:13PM CT
Summary Box: Trek introduces chainless bicycles 1:08PM CT
Citi credit losses to rise through middle of 2009 1:08PM CT
Trek introduces chainless bicycles 1:08PM CT
Colombia: Report money companies tied to drugs 1:05PM CT
Treasury bonds advance amid economic uncertainty 1:04PM CT
Democrats support FDIC loan plan 1:01PM CT
Big shareholder sees opportunity in Circuit City 1:01PM CT

   

© 2008 eWoss.com. All trademarks are the property of their respective owners. All Rights Reserved.
Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.