GREENSBORO – CommScope (Nasdaq: COMM) plans to permanently close a Greensboro facility before March 1, 2022, and will lay off employees beginning in June.
Layoffs to occur throughout the planned shut down of the facility on Triad Drive.
According to the required notice sent by the company to the North Carolina Department of Commerce under the Worker Adjustment and Retraining Notification (WARN) Act, a copy of which WRAL TechWire has obtained, eight employees will be laid off by June 30, 2021, and have already been notified of the company’s plans.
The company will then layoff 10 employees in July, 15 in August, and 17 in September, with other employee layoffs coming prior to the shut down of the facility.
The Hickory-based communications and networking company employs approximately 30,000 people worldwide, and will release its first quarter 2021 financial results on May 6. Earlier this month, the company announced that it plans to spin-off its Home Networks business along with other initiatives to reduce operating costs, in line with the company’s CommScope Next strategy, by the end of the first quarter of 2022.
