- Associated Press - Friday, May 5, 2017

WINSTON-SALEM, N.C. (AP) - A North Carolina clothing company has confirmed that most of the jobs eliminated so far this year were in the Winston-Salem area.

The Winston-Salem Journal reported (https://bit.ly/2pe4kNE) that Hainesbrand Inc. said 120 employees in Winston-Salem took a voluntary severance package in the first quarter of the year.

The company announced earlier this week a plan to eliminate 220 positions. Spokesman Matt Hall said after restructuring is complete, Hainesbrand will have about 2,300 workers at its Winston-Salem headquarters.

Hall said the company is taking a $7 million charge related to severance packages and other items.

Hainesbrand this week reported a 12 percent drop in net income.


Information from: Winston-Salem Journal, https://www.journalnow.com

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