American Greetings Slashes 200 Jobs

By: Associated Press
By: Associated Press
To join the conversation on this story and others, "like" our KKTV 11 News Facebook page!

American Greetings Corp. says it's cutting about 200 jobs as the company adjusts for weaker sales in the ailing economy.

American Greetings spokeswoman Patrice Sadd says employees were informed of the layoffs Thursday.

Cleveland-based AGC is slashing 15 jobs at its Carlton Card Retail division at its headquarters, and another 100 to 120 jobs at a plant in Kentucky. About 60 layoffs will be split between two plants in Arkansas and Tennessee.

The company announced last year that it would close 60 of its approximately 415 stores across the country. Those closings and layoffs are in addition to two stores in Colorado, where employees were notified in early January their locations would be shuttered.

The closings and layoffs are to be completed by Feb. 28.

KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 38476429 -
Gray Television, Inc.