Updated: May 8, 2017
UPDATE: ROCHELLE, Ill. (WIFR) -- Nippon Sharyo announces it will cut another 110 jobs from its factory.
The company released a statement saying, "We continue to confront technical complications and delays with the bi-level rail car project that have forced us to evaluate the volume of work and the needs at our Rochelle facility. As a result, we have made the difficult decision to reduce our workforce at the plant by approximately 110 people. This reduction will come from all areas of the company - both hourly and salary employees will be impacted by this announcement."
It goes on to say, “We are grateful for the hard work and dedication of our employees, and will be providing severance packages to those affected by this announcement.”
ROCHELLE, Ill. (WIFR) – A Rochelle factory is slashing jobs.
The rail car manufacturer Nippon Sharyo is announcing it is cutting 100 of its 350 jobs.
The company says its reducing its workforce because of ongoing technical complications with the design of one of its prototype cars, causing significant delays in the production schedule. The factory will continue to operate as normal until it finishes up current projects. This comes after we’ve received multiple tips over the last few weeks from family members of employees who say work has been stalled for quite some time.
Nippon Sharyo says it is grateful for the hard work and dedication of its employees.