Worzalla Lays Off 20 Employees
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Stevens Point, WI-based Worzalla Publishing has laid off 20 employees, a move that will save about $1.5 million from the company’s 2012 expenses. Eliminating the positions, which were mostly supervisors or managers, is part of a larger business plan to reorganize the company to better do business, CEO Jim Fetherston said.
“This was really an intention to make us more cost competitive in today’s market,” Fetherston said. “Our business is in a rapidly changing market right now, and keeping a keen eye to our fixed costs levels is very important for us to stay competitive.”
Worzalla is facing new competition from eReaders
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