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Wednesday, May 20, 2020

More layoffs pending at Corning, Inc.

More troubling news from Corning, Inc. In a statement released to 18 News, the company said Corning is taking select actions to align resources to current conditions from the economic downturn surrounding the COVID-19 pandemic. The company did not provide a specific number of workers to be potentially impacted. Two months ago, close to 400 employees were laid off. Corning’s stock prices have plunged 30% since the beginning of the year.