Posted: Thu 12:00 PM, Nov 18, 2004
Updated: Thu 5:54 PM, Nov 18, 2004
Layoffs Announced at TI
11-18-04 – Dozens of employees at Texas Instruments in Sherman received pink slips this week. Tuesday, the company told 60 employees they will have to find another job.
A spokeswoman for TI says a portion of a semi-conductor line is shutting down because of a lack of growth.
She says those workers may still be offered a job within the company. Employees will also be offered a severance package.
Texas Instruments has already laid off all of its contract and temporary employees. According to the company, 1,200 people are still employed at their Sherman plant.
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