Just recently, news broke that Remington laid off hundreds of employees at their Ilion, New York, plant. We’re seeing more and more of these stories today as a “post-election slump” continues to linger, but the actions of these major gun companies shows they’re concerned this “slump” may stick around.
We’ve heard that more cuts are being made at facilities other than New York, and these cuts are affecting higher level employees as well.
Remington has confirmed, along with several sources, a number of director level employees have been affected, and at least one VP has left voluntarily before the layoffs.
A statement from Remington reads:
Earlier today we made the difficult decision to release 34 employees across ROC locations.
These changes, while difficult, are necessary to ensure the Company’s long-term success in a rapidly changing marketplace. We are assisting affected employees through severance packages and other benefits to facilitate their transition.
As gun companies prepare to operate in this new lower revenue state of the industry, it should come as no surprise to see these layoffs continue.