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Herman Miller- Here we go, again...

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Michigan office furniture company cuts 150 jobs (WZZM) :

"Office furniture maker Herman Miller Inc. has cut about 150 full-time jobs...says most of the cuts were made Tuesday at Michigan operations and all involved white-collar jobs...Herman Miller says the job cuts, along with other actions that it will take over the next six to nine months, will save the company $25 million to $30 million a year."

"Other actions"? What's next?? :scared:

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Michigan office furniture company cuts 150 jobs (WZZM) :

"Office furniture maker Herman Miller Inc. has cut about 150 full-time jobs...says most of the cuts were made Tuesday at Michigan operations and all involved white-collar jobs...Herman Miller says the job cuts, along with other actions that it will take over the next six to nine months, will save the company $25 million to $30 million a year."

"Other actions"? What's next?? :scared:

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Wow, that's big news for that site. I take it that means they won't be tearing that building down? It's interesting that the city is giving them $145,000 in tax abatements over 12 years, whereas a similarly sized distribution center for Wal-Mart that was rumored for Dorr Township or Mt Pleasant was reportedly seeking $Millions in tax credits.

950,000 square feet is a massive operation.

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Well, I was under the impression that Ashley Capital (the developer) was going to keep some of the Steelcase space for an industrial element of their massive plans for the site. I have a feeling that there may be a couple more industrial tenants in the future too at this site...I guess we'll see.

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It's quite unfortunate, especially right before Christmas. Things definitely have been uneasy, unsettled, etc. for the last quarter . .hopefully this it.

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I don't want to cry "conspiracy theory". But it seems that job cuts always happen around the holidays when it hurts affected workers and their families the most. Can't corporate bigwigs wait until after New Year's day before swinging axes?

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Can't corporate bigwigs wait until after New Year's day before swinging axes?

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Unfortunately, not when those axes help year end/1Q bottom lines look better.

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