Hilti USA laid off 64 employees at its North American headquarters in Tulsa, Oklahoma yesterday. After the layoffs, Hilti has 614 employees at its Tulsa facility.
The Liechtenstein-based company is cutting its Tulsa work force to “enable it to grow on a sustainable, profitable basis in a challenging economy,” said Cary Evert, president and CEO of Hilti’s Western Hemisphere operations.
Hilti is a toolmaking company that has been struggling due to the construction industry slowdown. Hilti said it does not expect the construction market to begin recovering until 2011.
Source: Tulsa World
