Layoffs announced at Genesis

A company-wide internal memo issued Monday at Genesis Alkali announced the company intends to layoff an unspecified number of employees, both hourly and salary. A plan is expected to be finalized by the end of June.

Genesis Alkali declined to comment on the memo.

The memo, from Executive Vice-President and President of Genesis Alkali Ed Flynn, cited “severe demand destruction” in natural soda ash as the main reason for the reduction in workforce.

“Despite the temporary shutdown of Granger, employee furloughs, and tremendous work being done on other cost improvement initiatives we ha...

 

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