Hallmark seeks to cut 200 jobs in next several months

3 years 5 months 3 weeks ago Tuesday, March 31 2015 Mar 31, 2015 Tuesday, March 31, 2015 5:20:41 AM CDT March 31, 2015 in News
By: The Associated Press

KANSAS CITY (AP) - Hallmark Cards is offering a buyout program as it tries to cut 200 jobs by this summer.

The company announced the buyouts Monday for eligible employees in its product development and creation business.

President David Hall said the company is looking for ways to reduce costs as consumer spending changes.

The Kansas City Star reported eligibility for the buyouts will be based on a combination of years of service and age. If enough employees don't take the voluntary buyout, involuntary staff cuts will occur.

Employees will be offered severance payments and outplacement assistance.

 

More News

Grid
List
SAN FRANCISCO (AP) — The co-founders of Instagram are resigning their positions with the social media company without explanation. ... More >>
4 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 11:02:00 PM CDT September 24, 2018 in News
COLUMBIA - Friends and loved ones of MU student Perri A. Jones mourned the loss of Jones at a vigil... More >>
7 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 8:14:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - More church volunteers are heading to North Carolina Monday night to help communities deal with Hurricane Florence.... More >>
8 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 6:50:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — The Missouri Supreme Court won't reconsider a ruling allowing voters to decide on a ballot measure... More >>
10 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 5:33:41 PM CDT September 24, 2018 in News
MILLER COUNTY - Officials say they arrested a suspect in Chicago for the June murder of Tyler J. Worthington. ... More >>
10 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 5:28:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — Missouri Attorney General Josh Hawley is defending his lawsuit against the operators of a duck boat... More >>
11 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:30:25 PM CDT September 24, 2018 in News
BOONVILLE - Police are searching for a man who stole gasoline, according to a Facebook post Monday morning. Boonville... More >>
11 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:00:00 PM CDT September 24, 2018 in News
COLUMBIA - Border security and immigration continue to be huge issues for Missouri's November senate race between Sen. Claire McCaskill,... More >>
11 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:00:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — The U.S. attorney's office says a former central Missouri tax collector has pleaded guilty to embezzling... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:38:00 PM CDT September 24, 2018 in News
KANSAS CITY - The FBI released its annual Crime in the United States report Monday, and the numbers showed violent... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:32:00 PM CDT September 24, 2018 in News
KANSAS CITY, Kan. (AP) — A former Kansas priest still holds medical licenses in Kansas and Missouri despite being defrocked... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:29:15 PM CDT September 24, 2018 in News
JEFFERSON CITY - A law requiring a photo ID to vote is at the center of a lawsuit beginning Monday... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:53:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - A child sex investigation that started in Boone County has led to a man pleading guilty to... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:51:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - A federal grand jury added charges in the case against a Columbia man accused of trying to... More >>
13 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:21:00 PM CDT September 24, 2018 in News
WASHINGTON (AP) — Deputy Attorney General Rod Rosenstein headed to the White House on Monday expecting to be fired by... More >>
17 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 10:30:53 AM CDT September 24, 2018 in News
ST. LOUIS (AP) — St. Louis police are investigating a rash of six killings over a two-day period, with five... More >>
19 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 8:17:00 AM CDT September 24, 2018 in News
CASSVILLE (AP) — A $1.9 million renovation of a southwestern Missouri trout hatchery won't interfere with the tens of thousands... More >>
21 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 6:19:00 AM CDT September 24, 2018 in News
JEFFERSON CITY - Ameren Missouri announced a rate decrease for electric starting Monday. The Missouri Public Service Commission approved... More >>
1 day ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:28:00 AM CDT September 24, 2018 in News
Columbia, MO
Broken Clouds 68°
4am 68°
5am 68°
6am 68°
7am 68°