© 2024 Louisville Public Media

Public Files:
89.3 WFPL · 90.5 WUOL-FM · 91.9 WFPK

For assistance accessing our public files, please contact info@lpm.org or call 502-814-6500
89.3 WFPL News | 90.5 WUOL Classical 91.9 WFPK Music | KyCIR Investigations
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Stream: News Music Classical

Lexmark Layoffs Leave Workers, City Reeling

News that Lexmark will lay off hundreds of local workers has Lexington city officials assessing how it will impact tax revenues.The Lexington-based firm will reduce it's workforce by 350 full-timers and 200 contract employees locally. According to one city official that could result in a $1 million revenue loss.Mayor Jim Gray said "our hearts go out to this folks who have been hit with this bad news, losing their jobs."But the mayor says Lexmark remains a competitive electronics business."They've said that they're going to stay here in Lexington. Our best strategy as a city is to wrap out arms around the company, acknowledge the challenge that the employees are having, those who have been laid off."Gray and members of the Urban County Council say the city should do everything it can to help the laid off workers find other positions in the Lexington area.Lexmark will lay off 1,700 workers worldwide following its decision to stop making inkjet printers.

Can we count on your support?

Louisville Public Media depends on donations from members – generous people like you – for the majority of our funding. You can help make the next story possible with a donation of $10 or $20. We'll put your gift to work providing news and music for our diverse community.