NWC Rehires Laid-off Employees

News Release
NWC Rehires Laid-off Employees
FOR RELEASE: January 16th, 2019, 9:00 AM

VICTORIA: The National Widget Company is announcing a restructuring today that will result in the rehiring of 200 previously laid-off employees, 50 of which from Victoria.

            The National Widget Company, Canada’s oldest widget manufacturer, announced the laying off of 200 employees late last year after the actions of a competitor had begun to drive the company out of the widget market. However, due to a dramatic increase in widget sales, the company hopes to reach out to and rehire all of the previously laid off employees within the next six weeks.

            This increase in widget sales stems from many sources. Previously, the widget was primarily used in the oil business, however recent discoveries have led to the installation of the widget into residential construction. This new avenue of sales has also led to a deal with the Chinese government. The National Widget Company has made an exclusive arrangement with the Chinese and will be supplying the widgets that will be used in each new building built in China. The president of the National Widget Company, Andrew Bryce called the deal an “opportunity and a secure market on which to expand our capacity.”

            Bryce is optimistic that their company will continue to succeed in the wake of these new opportunities, saying “We think this opportunity opens up enormous markets which will last for years.”
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For more information contact Andrew Bryce at (999)-999-9999 or aaaaaaaa@aaaaa.ca

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