Breaking: Major company-wide restructuring. Immediate layoffs
of 200 people across the country, and about 50 people at head office in
Victoria. “We find ourselves in a highly competitive market which is forcing us
to restructure the company. - President Andrew Bryce
We notified our beloved employees this morning at 8:00 am.
The NWC is working hard to ensure workers are taken care of during this
transition. See President Andy Bryce’s address in the link.
We are the oldest widget manufacturer in Canada and intend
to remain that way. As one of the oldest family run company’s in the nation, we
consider all of our employees family. #NWCRestructure
While the situation isn’t ideal, NWC promises to rehire all
affected employees once the company can secure restructuring. Together we will
keep NWC strong and viable in today’s global economy.
Good news! Global markets are responding positively and NWC
is on schedule to rehire all employees that were affected during the
restructuring.
A whole new world of widget possibilities is opening up.
NWC is committed to expanding the use of widgets into markets previously
thought impossible. Great for business!
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