More Area Employees Let Go

Another Treasure Valley employer is reducing their workforce by about 10-20%.

Plexus, Inc. confirms it laid off 35 employees this week as part of an overall reduction in force – including 35 full time employees and another 100 contracted part time workers. The company says the 100 part-time workers are contractors – and are used on an as-needed basis.

Kinda makes you wonder about the repercussions of a couple of lawsuits that were filed last year, what role do they play in the company’s finances?

The suits accuse the company and three of its officers of insider trading and inflating the company’s stock price.

Although it does have the facility in Nampa, it is based in Wisconsin.

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