[BC] Harris Corp. Seeks Cuts in Transmitter Business

[Gary Glaenzer]

employees are being told 150 lay-offs (25%) at quincy IL location



----- Original Message ----- 
From: <N0JAA at aol.com>
To: <broadcast at radiolists.net>
Sent: Friday, February 02, 2007 2:07 PM
Subject: [BC] Harris Corp. Seeks Cuts in Transmitter Business


> floridatoday.com
>
>
> February 2, 2007
>
> Harris Corp. seeks cuts in  transmitter business
>
> BY SCOTT BLAKE
> FLORIDA TODAY
> Harris Corp. said Thursday it is taking cost-cutting steps in its
Broadcast
> Communications Division, citing the weak performance of its radio and
> television  transmitter business.
> Harris plans to incur $5 million worth of "severance and facility exit
costs"
>  in the first half of this year, which will result in cost savings of
about
> $10  million during the company's next fiscal year, which begins July 1,
Harris
>  spokesman Brent Dietz said.
> The company said the cost reductions will be in the form of "severance and
> facility exit costs." But company officials would not elaborate on whether
it
> would involve layoffs and closing facilities, except to say that the
cutbacks
> will not directly affect the company's Brevard County operations.
> The company's Broadcast Communications Division is based in Mason, Ohio,.
and
>  employs about 2,300.
> "Decisions on which Broadcast Communications Division locations will be
> impacted by cost reductions have not been disclosed," Dietz said in a
statement.
> "However, the actions will address radio and TV transmitter manufacturing
and
> the division's supply chain and support functions."
> Harris employs about 6,450 people in Brevard.
> Contact Blake at 242-3644 or _sblake at floridatoday.com_
> (mailto:sblake at floridatoday.com) .
>
>
>
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