Jul 1, 2007

Seagram's Distillery Gives Employees A Hangover

From a Cincinnati Business Courier article by Dan Monk a Senior Staff Reporter, new owners CL Financial Group of Trinidad and Tobago, will cut 270 workers from 160-year old Lawrenceburg, Indiana facility. The remaining staff will be offered reduced wage and benefit packages, union and company officials say.

More lost jobs, reduced wages and sold assets by foreign investors.