Monday, March 02, 2009
MONACO HAS SENT TERMINATION NOTICES TO IT'S EMPLOYEES
RV Business
Monday, March 2, 2009
Coburg, Ore.-based Monaco Coach Corp. announced today (March 2) it has provided termination notices to the majority of its remaining work force while it continues to seek additional financing or capital or a corporate transaction.
Most of the separated employees had already been on furlough since mid-December 2008.
In its notice to employees, the company noted that without consummation of a sale or obtaining additional financing or capital, it may ultimately be forced to shut down operations.
Monday, March 2, 2009
Coburg, Ore.-based Monaco Coach Corp. announced today (March 2) it has provided termination notices to the majority of its remaining work force while it continues to seek additional financing or capital or a corporate transaction.
Most of the separated employees had already been on furlough since mid-December 2008.
In its notice to employees, the company noted that without consummation of a sale or obtaining additional financing or capital, it may ultimately be forced to shut down operations.
