- Earnings Microscope Turns to Supermarket Aisle
- Raiders Rip Cash Machine Out of Bank's Wall
- US Probe Targets UBS Banker Visits: Report
- Rebel Forces Could Create the Return of the I-Bank
- Ericsson Buys Nortel Wireless Units for $1.13 Billion
- Berkshire Hathaway Rallies to 6-Month Closing High
- 30,000 China Steelworkers in Deadly Clash: Report
- Obama Touts Healthcare Plan for Small Businesses
- Iran Vows to Hit Israel's Atomic Sites if Attacked: Report
- Market 360: The Week's Best & Worst
- Hirschhorn: Manage Risk or it Will Manage You
- If FINA Ruling Holds, Business Would Change
- Homeownership Society: All in Good Time
- Compliments, Complaints, and the Obama T-Shirt Mystery
- Art Cashin: Dow 10,000 Possible Near-Term
- When Does Palm Stop Acting As Apple Wanna-be?
- Dunkelberg: 'To Raise the Cost of Labor, What is Congress Thinking?'
- Sometimes Fairy Tales Do Come True
- Carbon plan could mean higher utility bills in Mo.
- How to cash in on your old gas guzzler
- Wall Street looking to extend restarted rally
- Farm stands holding steady in Conn.
- Analysis: Highway plan part of economic recovery
- In Hawaii, health insurance paid by employers
- Hard Rock hotel expands as Vegas rates stay down
- Richest woman's 'visions' claim amuses Israelis
- Canadian doughnut chain enters NYC doughnut wars
OSHKOSH, Wis. - Nearly 100 workers at the GE Oil and Gas facility in Oshkosh will be laid off.
The company says 93 jobs will be cut by mid-September. That's about one-third of the manufacturing facility's 270 employees.
Human resources director Jim Mutsch says the move was prompted by difficult business conditions in the oil and gas industry.
The Oshkosh facility makes high-speed compressors for refineries and pipelines that are mainly used in the natural-gas industry.
Shane Reph is the general manager for GE's North American division. He says the company resorted to layoffs only after trying other cost-saving measures, including cutting workers' hours.
The company informed the state about the looming layoffs in a letter released Thursday.
___
Information from: Oshkosh Northwestern, http://www.thenorthwestern.com




