SOUTH BOSTON, Va. (WFXR) — More than 100 workers at the ABB Power Grids facility in South Boston have received layoff notices.
According to a company statement, the global slowdown in transformer demand is the reason for the layoffs of 113 employees, which is about a quarter of all employees.
The South Boston site makes small power electrical transformers.
“Eligible employees will have access to severance benefits, job placement assistance, and may be able to relocate to other ABB locations,” according to Christopher Shigas, an ABB Power Grids spokesperson.
“This business decision is in no way related to the performance of the local team and we are committed to supporting the employees throughout this process. The South Boston facility continues to be important to the ABB Power Grids business.”