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.