Thread regarding Isle of Wight County layoffs

CooperVision Inc., the contact lens unit of Cooper Cos., on Thursday said it will cut 570 jobs as it closes a soft contact lens manufacturing...

CooperVision Inc., the contact lens unit of Cooper Cos., on Thursday said it will cut 570 jobs as it closes a soft contact lens manufacturing plant in Norfolk, Va.

CooperVision will record pretax restructuring charges of $25 million, including $6 million in the third quarter and $7.5 million in the fourth quarter. The rest will be taken in fiscal 2010.

Read more at: http://www.forbes.com/feeds/ap/2009/08/13/ap6775274.html

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