Governor Peter Shumlin issued the following statement following news of layoff notifications at IBM’s Vermont plant:
“I have been advised by leadership at the IBM Vermont plant in Essex Junction of layoff notifications there as part of a global workforce reduction. This is difficult news for the affected workers and their families, as well as for the communities that also suffer the impacts of job reductions. I pledge to work with my team to help in every way we can. I understand the number of workers affected in this round of cuts is significantly lower than the last round of reductions, only about one-third the size, although we will not know the exact number of affected workers until the process is completed and a state notice is filed by the company next month. While we never want to hear about employment losses, Vermont has diversified its economy in recent years, with recovery and job growth across many sectors. We also enjoy the 5th lowest unemployment rate in the country -- the lowest rate east of the Mississippi. Companies in Vermont are looking for highly skilled, educated workers like those being affected by this reduction at IBM. We stand ready to offer all of our resources to help find good Vermont job opportunities as soon as possible for those who will face layoffs as quickly as possible.