We need to make a correction in a story we brought you first on Eyewitness News 9 at Six last night.
According to Caron International CEO, Jim Chestnut, every salary employee is sharing in the cost reduction to help the company. No one was given a choice in lieu of their jobs as we reported.
Officials with the company say no jobs are at risk and Eyewitness News 9 regrets the mistake.
--- ORIGINAL STORY ---
One company is looking into alternative ways to try and curb their problems with the slumping economy.
An internal memo sent to employees at Caron International in Washington offers employees a week of unpaid vacation and a five percent wage reduction or the possibility of being let go.
The plant is a subsidiary of National Spinning and employs around 185 people.
Company officials say the slumping economy made the changes and options necessary to stay afloat.
The plant manufactures yarn and craft kits.
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