For
the Record is
compiled from company releases, business
journals and newspaper reports from around
the state. If you have an item for these
listings:
• Mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293
America Online, a Dulles-based
provider of consumer Internet services, laid off
350 workers in its California operations and gave
another 100 employees the option of moving to
offices in Dulles or White Plains, N.Y., or leaving
the company. As part of the cutback process, AOL
offices in San Diego and San Francisco were closed.
(The Washington Post)
Cooper Wood Products,
a Rocky Mount manufacturer of component parts
for wood furniture, announced plans to close
the plant, laying off 125 workers, by the end
of February. Competition from low-priced imports
and a trend among furniture manufacturers to
import collections, not just pieces, were cited
for the closing. (The Roanoke Times)
The Mariners’ Museum
in Newport News eliminated 16 positions
from a work force of nearly 100 as part of an
effort to balance its 2004 budget. Of the positions
cut, 11 required layoffs. This marks the second
time in three years the museum has been forced
to trim staff to meet its budget. (Daily
Press)
