Nip Impressions logo
Sat, Jul 11, 2020 12:25
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
My Profile
Management Side
Verso Corp. laying off 59 workers at headquarters
OHIO (From news reports) -- Verso Corp. is laying off 59 workers at its Miami Twp. headquarters, the papermaker reported to Ohio government.

Ohio just made public a May 15 letter to the Ohio Department of Job and Family Services reporting the layoffs at the company's headquarters. The letter from Kenneth Sawyer, a senior vice president at Verso, said 22 employees were laid off in April and that an additional 37 employees will be laid off. Citing the COVID-19 pandemic, Sawyer said: "These sudden and unexpected circumstances adversely affected our business operations and unfortunately prevented from providing notice sooner."

Before the pandemic, Verso had 200 local workers and more than 4,000 nationwide. After navigating Chapter 11 bankruptcy in 2016, Verso restructured its debt and moved its headquarters from Memphis, Tenn. to Miami Twp.

Printer-friendly format


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: