Lt. Governor Phil Scott Issues Statement in Response to News of Layoff Notifications at IBM

February 27, 2014 - Lt. Governor Phil Scott issued the following statement in response to news of layoff notifications at IBM:

“This is terrible news for the affected employees, their families and communities. While I am relieved to learn the number of workers affected in this round of layoffs is about one-third of the 419 employees impacted in the last round, the fact of the matter is more than 100 Vermonters are losing their well-paying jobs. The trend of job losses over the last two years is concerning. This month, Plasan Carbon Composites in Bennington also announced triple-digit layoffs. In addition, the impending closure of Vermont Yankee means even more high-paying jobs will disappear from our state. I fear we in Montpelier are simply not doing enough to grow our economy, create high-paying jobs, or make it easier to do business within our borders. Today’s news is proof we cannot wait another second to turn our full focus to rectifying this economic situation we find ourselves in.”