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Breaking Flooring News

Armstrong streamlines corporate and line-of-business functions; 56 jobs eliminated

January 4, 2001
LANCASTER, Pa. -- Armstrong Holdings Inc. reported that its chief operating subsidiary, Armstrong World Industries, had eliminated 56 corporate and line-of-business staff positions as a result of streamlining the organization to more accurately reflect staffing needs for current business conditions. Most of the positions being eliminated are in Lancaster and come from the corporate, flooring and building products organizations.

“At the end of the third quarter of last year, we began to see a slowdown in several of our key markets, a trend that we believe will continue for some time," said Chairman and CEO Michael D. Lockhart. “At that time, we began to reassess our corporate and line-of-business staffing to streamline and restructure functions in order to respond to these business conditions.”

Affected employees will be offered severance packages and career counseling based on their length of service with the company.

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