Michigan News
(2009-11-16)
GRAND RAPIDS, MI
(Michigan Radio) -
Amway says the job cuts are part of an effort to consolidate its finance division. The consolidation will happen in Costa Rica, where new jobs will be created. The company didn't mention that in a statement announcing the job cuts in North America. Instead, company leaders emphasized that they would work to minimize the impact of the cuts. They say they hope to use early retirements and transfers to limit the number of layoffs.
Amway spokesman Rob Zeiger says the company hopes to save money by transferring some of its finance operations to Costa Rica.
A confidential company memo published last month in the Grand Rapids Press says central Europe and Asia may also pick up some of the finance work now being handled in other areas.
Contact Dustin Dwyer at dtdwyer@umich.edu.
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