US construction industry cuts deepen
Jul 21, 2009. Andersen Corp, the US window maker has slashed more than a quarter of its workforce since the collapse of the construction industry, leaving more than 4,000 people waiting for the federal stimulus to actually stimulate something.
Jul 21, 2009. /Lesprom Network/. Andersen Corp, the US window maker has slashed more than a quarter of its workforce since the collapse of the construction industry, leaving more than 4,000 people waiting for the federal stimulus to actually stimulate something, Wood Panels Online reported.
“There is mounting evidence that the housing market is not going to rebound any time soon, which means we’ll be operating in this market environment for an extended period of time, so we needed to take a longer-term, more structural approach,” Maureen McDonough, Andersen’s corporate communications director, said this week.