Bassett furniture announces plant closing and lower first quarter sales and earnings bassett va mar 05 2007 business wire bassett furniture industries inc.
Bassett furniture store closing.
Bassett furniture industries inc on may 11 announced that the company will cut 25 percent of its workforce and extend the furlough of another 42 percent until may 31 in response to the economic impacts of the coronavirus.
Bassett furniture reopens more stores also lays off 25 of workers company lays off 600 workers permanently continues to furlough another 42 of its workers through may 31.
Bassett furniture offers a wide range of custom living room bedroom and dining room furniture.
A fifth jackson county fred s store also is closing.
To eliminate permanently about 25 of its workforce about 600 people.
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The reduction in permanent workforce amounts to approximately 600 employees according to the company s press release.
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Nasdaq bset announced today plans to cease operations at its wood manufacturing facility in bassett va.
These days bassett furniture places more emphasis in the u s on retail stores called bassett home furnishings where it sells mostly imported wood products and custom made upholstery.
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