ModusLink PTS Inc. has provided a timeline for the closure of its facility in Bloomington. In a notice to the state, the subsidiary of Massachusetts-based ModusLink Global Solutions Inc. (Nasdaq: MLNK) says the separation process with its remaining 169 workers in Monroe County is underway and expected to wrap up by mid-December.
In February, the company announced 320 layoffs, attributing the move to losing a major customer.
In the most recent notice to the state, the company notes the majority of the displaced employees, 92, are coming from the hourly ranks. ModusLink says it is working with the DWD to "lessen the impact" of the closure on its employees.
You can view the letter to the state by clicking here.