August 5, 2008

Sea Island To Lay Off 300-400 Employees

Posted by D.A. King at 10:30 am - Email the author   Print This Post Print This Post  

WSB -TV ABC Atlanta

Sea Island To Lay Off 300-400 Employees

SEA ISLAND, Ga. — The largest private employer in Glynn County said it will immediately begin laying off 300 to 400 employees.

Sea Island Co. said the move is being made because of faltering real estate sales and a weak national economy. The company, which operates The Cloister resort on Sea Island and The Lodge on St. Simons Island, has 2,100 employees.

The company’s chairman and chief executive, Bill Jones, said the job cuts will come across all areas and all levels of the company.

The company said many of those layoffs would involve seasonal workers, who would have departed at the end of the summer.
Copyright 2008 by The Associated Press. All rights reserved

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