Tuesday, March 31, 2026 | 05:26 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Us Robotics Cuts Several Jobs

BSCAL

In terms of actual elimination of positions, its a couple of hundred of people, said Karen Novak, spokeswoman for the Skokie, Illinois- based company. Its a process of managing our growth. Novak said the company is also laying off people for performance reasons, but said those positions could be refilled.

US Robotics fiscal year ended September 30, and the company gives performance evaluations at its year-end.

Weve let people go for performance reasons, Novak said.

US Robotics employs a total of about 6,000 people, and Novak said the number of employees losing their jobs would not reach 10 per cent of that, or 600.

 

Its not more than single digit (per cent) of overall headcount, she said.

Analysts said the number of job cuts was small compared with the 3,000 new jobs created during the past year. I think it is about 100 to 200, nothing major, said Amar Senan, an analyst at Volpe, Welty & Co., adding that he believes the job cuts were mainly on production lines.

To put it in perspective, theyve added about 3,000 people in fiscal

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 04 1996 | 12:00 AM IST

Explore News