Carmanah trims payroll by 20
Solar firm misses aggressive sales targets, recession hits customersBy Carla Wilson, Times Colonist October 27, 2009
http://www.timescolo...9423/story.htmlSolar lighting company Carmanah Technologies Corp. has cut 20 employees from its payroll -- including 14 at its Vic West head office -- after failing to make aggressive sales targets.
Sales have not met this year's projections and administrative staff are being trimmed following a major earlier restructuring, which included selling Calgary sign-lighting businesses, chief executive Ted Lattimore said yesterday.
The layoffs amount to a 15 per cent reduction in Carmanah's workforce, leaving the company with 110 employees -- 75 of whom are based in Victoria, Lattimore said.
Jobs were cut in sales and marketing, administration and accounting.
No cuts were made to the 35 research and development staff in Victoria.[...]