Publishing company laying off 116 employees after closing one of its Wisconsin facilities
MADISON, Wis. (WFRV) – A publishing company with locations scattered throughout the Midwest confirmed they’ll be closing one of its three Wisconsin facilities amid less business.
Sheridan Wisconsin, a publication company owned by CJK Group, has formally submitted a Worker Adjustment and Retraining Notification (WARN) letter stating its intentions to close its facility in Madison, subsequently laying off 116.
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Located at 2211 Fordem Road in the city of Madison, the closure has been prompted by the company’s “significant downturn in business.”
Officials with CJK Group say that this action is expected to result in the permanent elimination of 116 employees, 12 of whom are salaried and 104 are hourly positions.
CJK Group says that Sheridan Wisconsin will begin eliminating positions on April 13 and will continue in phases until a complete closure of the facility, expected on June 28.
Additionally, this is a non-union facility with no interplant bumping rights. CJK Group will ensure that Sheridan Wisconsin employees will be paid all earned wages and agreed-upon benefits at the time of their termination.
Sheridan Random Lake and Sheridan Stevens Point are not expected to be affected by the closing in Madison.
Additional details can be found here.
