Maryville, Blount County (WVLT) - All employees of the Newell Rubbermaid plant in Maryville were called in this morning for a meeting where company officials announced they plan to eliminate 200 jobs.
The company currently employs 600 workers, only 400 of those jobs will remain.
The company says the layoffs won't happen until the first of September, however, they are already providing retraining and job placement assistance to employees.
In a statement released by the company, officials say they are shifting the jobs to other plants in Texas and Ohio to reduce cost and improve efficiency.
In a statement released by the company, officials say "This was a complicated decision for us to make and it is no reflection on the highly valued work performed by our many associates."
All employees were given the day off with pay after the meeting was over.
Stay tuned to Volunteer TV and volunteertv.com for updates on this developing story.