Potash to layoff 15% of workforce
May 21, 2012PCS Phosphate Company, Inc. (PotashCorp - Aurora) announced today that it is reducing staffing levels at its phosphate facility by approximately 150 full-time positions, or about 15 percent of its current workforce.
Following a review of key operating processes, changes were identified to lower operating costs while maintaining the operational capability of the facility. These changes are necessary to maintain the facility's long term competitiveness in a global marketplace.
"This is a difficult day for our employees and our company," said Steve Beckel, General Manager of PotashCorp - Aurora. "As a company, we never take these decisions lightly. However, remaining competitive for the long term is in the best interests of both our community and our company."
The workforce reduction will take place in two phases. Employees will first be offered a voluntary separation package, and if target reductions are not met, involuntary separations will take place. The effective date of the layoffs will be June 30, 2012.
"Many employees are being affected by this decision. We will work to help them make a successful transition," said Beckel. "While it is regrettable that we must take these actions, PotashCorp - Aurora is committed to this community and North Carolina for the long term."