TI to cut Sherman jobs

By: KXII Staff Email
By: KXII Staff Email

SHERMAN, TX -- A major Sherman employer, forced to lay off up to 40 workers.

Texas Instruments spokesperson Gail Chandler says those involuntary cuts will take place over the next couple of weeks, and are permanent.

Laid off employees will receive severance packages, including insurance. Chandler blames the cutbacks on the difficult global economy, saying TI's revenue dropped 26% during the 4th quarter.

About 1,000 people work at the Sherman TI plant. Worldwide, TI will cut 3,400 jobs.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Dale Location: Denison on Jan 29, 2009 at 03:45 PM
    I think I know Kerry. His comments sure sounds like a guy who worked there on and off for 35 years .He was once the Plant Manager.No not that one but the one who took care of the plants [botanical].And if its him he has a real real chip [no not semi] on his shoulder.A grown man with high school grudges.Kerry grow up already.
  • by Kerry Location: North Texas on Jan 29, 2009 at 01:04 PM
    Another TI employee - I didn't make it a habit of calling it, as a matter of fact, I called in once in the 1 year half I was there. And Contractor or not, I still did my job. I just was not a Brown noser.
  • by OOTO Location: Texoma on Jan 29, 2009 at 12:56 PM
    Another TI employee said, "...and it could be the reason you were fired." At last, the nail has been hit upon its head!
  • by Another TI employee Location: Dallas on Jan 29, 2009 at 11:24 AM
    Another thing Kerry, I was a contractor before they offered me a job and TI treated me great. You were probably making it a habit calling in and it could be the reason you were fired. Also, TI has made efforts to save money before they decided to lay off employees. You wouldn't know that because you no longer work here. I'm sorry but your whole "hoping they lay off my old boss" really irritated me. I'm sure you didn't like it when you were fired so never wish that on anyone.
  • by Another TI employee Location: Dallas on Jan 29, 2009 at 10:44 AM
    As for the employees who were laid off, I am truly sorry. I watched many of my friends lose their jobs. Tuesday was a terrible day, but TI wasn't the only company cutting people left and right. The economic situation in this country has to get better, but I don't think we have seen the worst of it, yet.
  • by Another TI employee Location: Dallas on Jan 29, 2009 at 10:40 AM
    Kerry, It sounds like you weren't a TI employee, but a contractor. A contractor is considered a temporary worker, so when they cut you, it wasn't considered a layoff. It may have been a layoff for your contract company because they didn't have another job for you. And the last major layoff (like this one) was in 2002, so they are not occurring every year. Layoffs are a part of life. It's not just TI, it's all of corporate American. The economy is suffering and it is more than just large corporations laying off employees. Small mom and pop stores are having to layoff loyal employees. You must just get your news from KXII. Start watching CNN and you will find out there is an economic problem in the country larger than a TI layoff. Whale, as for everyone getting into the semiconductor industry, let's just see how many are left after this recession. TI is one of the few that is not operating in the red.
  • by crazy world Location: oklahoma/texas line on Jan 29, 2009 at 01:58 AM
    this is crazy. but to the comment made by kerry i understand the whole brown nosing business...my placeof employment has the same plan. lol the more this one employee kisses butt the better they are... its crazy! makes me just as mad...
  • by BOB Location: MANTUA on Jan 28, 2009 at 06:59 PM
    TI is done like J and J, ratheon and other large OLD plants in Sherman. Once the plants have played out their 20 to 25 years of useful life they are no longer worthy of operation related to profits. The corporations have gotten their return on the investments and the product lines are obsolete. Now there will be a higher ratio of retail and non-benefit jobs that will lead to further deterioration of a once great city. The best days are behind Sherman. Accept the fact that we live in a deterioration city on the downside.
  • by Richie Location: Sherman on Jan 28, 2009 at 06:20 PM
    Underproducing production employees are generally the first to go. That's part of the problem to begin with. Too many production employees think they're "owed" a job. TI doesn't exist to make semiconductors, they exist to make profit for the stockholders, period. You may not like it, I may not like it, but it's the cold hard facts. Too many people costing too much money in wages, insurance, and overhead are among the leading causes of business failures. Ridicule TI all you want, but they've been around a long time, and they know how to make a profit. If something they are doing doesn't meet their profit standards, they are spun off. If you think all they (or any other company) care about is profits, you are 100% correct !! And if you think your employer is getting fat off your work, then your obvious solution is to buy some of their stock and get in on profits !!
  • by Former Ti'er on Jan 28, 2009 at 05:58 PM
    Ti has spiralled downhill since Jerry Junkins' passing. It will never be the same. As it was THE place to work, with all your kinfolk. I said 4 years ago, when I was laid off with 21 years seniority, that it wouldn't stay open 5 more years...lets see if that still rings true!
  • Page:
Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 38432824 - kxii.com/a?a=38432824
Gray Television, Inc.