Business & Tech
2,100 Jobs Cut by American Greetings Since 2012
Cleveland-based business has plans to build corporate headquarters in Westlake.
The American Greetings saga took a new turn last week after it was reported the company has cut 2,100 jobs since 2012, according to The Plain Dealer.
After the company's fiscal year closed on Feb. 28 of this year, it had "1,500 fewer full-time and 600 fewer part-time workers than the company reported at the end of its 2012 fiscal year," The Plain Dealer reports.
These cuts may have been a big reason why the company posted nearly $48 million in profits in the final quarter.
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The company was recently purchased and made private.
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Construction on the site of the future headquarters in Westlake began moving forward in early April after a delay last November.
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