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VT Dept. of Labor ready to help laid-off tech workers in Essex Junction

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STUDENTS ARE ALL UNDER THE AGE OF SIXTEEN 3 LAUREN NEARLY 100 HIGH-TECH WORKERS IN ESSEX JUNCTION WILL LOSE THEIR JOBS SHORTLY AFTER THE NEW YEAR

THIS NEWS COMING ALMOST IMMEDIATELY AFTER THEIR EMPLOYER HAS BEEN BOUGHT OUT MORE TONIGHT FROM LOCAL 44'S MIKE HOEYMIKE YOU'LL LIKELY REMEMBER I-B-M SOLD ITS MICROELECTRONICS PLANT IN ESSEX JUNCTION TO GLOBALFOUNDRIES FOUR YEARS AGO NOW, A PORTION OF THAT PLANT OPERATING UNDER THE NAME 'AVERA SEMICONDUCTOR' HAS CHANGED HANDS AGAIN

3 LAST FALL, GLOBALFOUNDRIES SPUN AVERA OFF INTO A SUBSIDIARY COMPANY THAT IT CONTINUED TO OWNBUT SIX MONTHS AGO, GLOBALFOUNDRIES AGREED TO SELL AVERA TO CALIFORNIA-BASED MARVELL SEMICONDUCTOR FOR ABOUT 600 MILLION DOLLARSTHE SALE CLOSED ON TUESDAYTHAT SAME DAY, MARVELL SENT THE VERMONT DEPARTMENT OF LABOR, AND ESSEX JUNCTION'S VILLAGE MANAGER, A LETTERIT READS

78 FORMER AVERA EMPLOYEES WILL LOSE THEIR JOBS ON JANUARY 6th MORE THAN HALF OF THEM ENGINEERSTHE LETTER ARRIVED ON WEDNESDAY"We will use this time, the next four to six weeks or so, to work with the company to identify times and ways that we can outreach to each of the staff that are impacted"MICHAEL HARRINGTON IS THE ACTING COMMISSIONER OF THE STATE LABOR DEPARTMENTHE SAYS IDEALLY, THE DEPARTMENT WOULD SET UP ON-SITE MEETINGS — CALLED RAPID RESPONSE SESSIONS — WITH THE AFFECTED WORKERS

"We go over the various services that are available for the staff through our Workforce Development Program, and we also talk about what potential benefits they might be eligible for through the Unemployment Insurance Compensation Program" HARRINGTON SAYS THE GOAL IS TO MAKE SURE THE AFFECTED WORKERS FEEL LITTLE TO NO IMPACT FROM LOST WAGES"The sooner we do outreach to them, the more likely it is that we can get them re-employed"IN A BRIEF E-MAIL, UNIDENTIFIED OFFICIALS AT MARVELL SAID IN PART, QUOTE: "In joining the two companies, a number of functions between the Marvell and Avera teams were identified as redundant and have resulted in the elimination of a small percentage of positions worldwide We look forward to the full integration of the Avera team globally and the future growth of our new business

" 3 MIKE IN THAT EMAIL, MARVELL SEMICONDUCTOR MADE NO MENTION OF A SEVERANCE PACKAGE FOR THE DOZENS OF PEOPLE THAT IT'S LAYING OFF MH, LOCAL 44 NEWS 3 LAUREN VERMONT'S LAST

Source: Youtube

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