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CTC announces layoffs for second time this year
JOHNSTOWN, Pa. -- A prominent company based in the Johnstown area is letting go of some of its workers for the second time this year.
Concurrent Technologies Corporation laid off about two dozen workers Friday. It's surprising news to some after the announcement of a large defense contract just this week.
A company spokesperson told 6 News that a total of 23 workers were let go from the overall company Friday, eight of them based at the facilities in Johnstown. The company said it's been forced, yet again, to find ways to cut back.
In April the company let 19 people go. It told 6 News then that it was the result of a continued decrease in demand that they've seen for the past couple of years. The company said it has always tried to cut back through attrition but is now being forced to look for other ways, unfortunately resorting to layoffs.
The company said that all 23 positions let go Friday were mostly in the business development area. It said that none of the positions worked directly with client programs.
When asked how there could be layoffs after the company just announced a $14.2 million defense contract earlier this week, it said that contract is only a portion of the overall project they're working on with four other companies -- money that will help to sustain the jobs needed for production on that specific project for the next four years.
In the meantime the company said it does not expect any further layoffs in the near future.