Amway to Lay Off 10% of U.S. Work Force
Amway Corp. plans to trim 10% of its U.S. work force, including laying off 65 employees in Orange County, to cope with fallout from the Asian economic crisis, the Michigan-based company announced Friday.
Amway told 250 employees Wednesday and Thursday that their jobs were being cut. Another 292 U.S. employees of the direct sales company already have elected to take early retirement.
For the record:
12:00 a.m. Dec. 23, 1998 For the Record
Los Angeles Times Wednesday December 23, 1998 Home Edition Business Part C Page 3 Financial Desk 1 inches; 21 words Type of Material: Correction
Amway jobs--Amway Corp. is eliminating 250 jobs nationwide, including 65 in Orange County. The move was incorrectly described in a Nov. 21 report.
At Amway’s Nutrilite division in Buena Park, 64 employees received layoff notices, and another 45 accepted voluntary early retirement offers. At Amway’s service center in Santa Ana, one employee will be laid off and two retired early.
