Outplacement Services Offered to Displaced Honeywell Workers
The displaced workers of one local facility that is planning to shut down will receive some help, including outplacement services from an undisclosed company. (Click here to learn more about outplacement services).
Following 20 years of operation, officials from the Honeywell facility in Folsom recently announced plans to close the operation by the end of January 2010. That measure will result in nearly 30 employees losing their jobs at the facility, which manufactures civil and military avionics and aerospace products.
"Twenty eight employees are being affected by this,” James Green, a Honeywell business communications leader, told The Folsom Telegraph, adding that any displaced employees would receive severance pay and outplacement assistance in accordance with the company's plan.
Of the displaced employees, five will be offered jobs in Sacramento at the Honeywell plant there. Any functions currently performed at the Folsom facility will be transitioned to company facilities in New York, India and China.
Officials from Honeywell said they regularly evaluate "operations to simplify processes and increase competitiveness to better meet the needs of customers. Our decision to transition work from our Folsom location will help us achieve greater efficiencies and growth for the business over the long term."
Honeywell, which is based in New Jersey, produces a variety of consumer products, engineering services and aerospace systems. The company is most famous for its home thermostats and automotive products sold under the Prestone, Fram and Autolite brands.
The lost jobs will only add to California's declining economy, which has continued to lose jobs, despite the fact that the state's unemployment rate recently declined.
During September, California saw its unemployment rate decrease from 12.3 percent to 12.2 percent, following an increase from 11.9 percent during August. However, the state's current rate was still higher than the national unemployment rate at the time of 9.8 percent.
The state had a total non-farm employment of 14,200,400 workers during September, according to the U.S. Department of Labor Bureau of Labor Statistics. This is down from 14,239,700 workers during August and a 4.9 percent decrease from last year.

