As Centurylink adjusts to a changing market.
the company announces plans to cut expenses..
And part of that includes reducing its employee headcount.
News 8's Sarah Thamer is here with the details...Sarah?
Between now and november.
some employees at Century Link may have to consider
looking for a new job.
News 8 obtained an internal memo...written by the
company's chief executive officer announcing the company's
plan to reduce the number of its employees within
the next two months.
Centurylink CEO Glen Post recently sent out a memo
explaining the company's plan to let go of some of
According to the letter, much of their required cost
savings must come through lowering their headcount.
The company plans to approach these reductions on
both a voluntary and involuntary basis.
Wisconsin workforce officials say if companies reduce
their workforce, they usually send out letters, but
only under specific guidlines:
If it's a sizable amount or if it impacts a significant
number of people.
Which means CenturyLink's decision to reduce its number
of employees may impact those working in La Crosse.
If a company does downsize, and has to do it, we have
services where we can go in and meet with the HR manager
at the company, and offer services to their employees
while they're still employed.
Workforce officials say 180 days out from their layoff
date, employees who may potentially lose their job,
might have some options:
We could go on site to the company and offer workshops
during noon, before or after shifts happen, help get
people's resume's up to date, help them with interviewing
skills, they can come here at anytime and begin services
to look for new jobs.
And if we end up with some laid off workers here,
depending on their skills, they may have an easier
time finding a new job.
That's because if anything, La Crosse has a worker
We have a demographic problem, we do not have enough
workers to fill the skill needs of the jobs that are
out there today, plus that takes into account no new
growth, so we really do have to increase the population
of the workforce in this area in order just to keep
up with the replacement jobs from the baby boomers
and any new jobs that might be happening.
We reached out to CenturyLink employees here in La
Crosse but they were told not to comment on the issue.
Company officials sent us a statement saying they
are not focusing on a specific group of employees
or states at this time.
La Crosse currently has a four percent unemployment
rate compared to 6.7 percent in 2010.