This week, the Oregon Office of Workforce Investments received a WARN notice from TechFive LLC. The company is a subsidiary of iQor US. The letter explains that the company will be reducing staff at its Klamath Falls facility. The facility is located at 6000 New Way.
A loss of business at the location is being cited as the reason for the layoffs. The company is actively seeking a new contract with another vendor in hopes of continuing operations in Klamath Falls. At this time, the company has not signed a contract to continue operations.
Should the company find a contract, the WARN notification would be withdrawn, Otherwise, the site will be closed. The layoffs are expected to begin on August 16, 2019 and finish by August 30, 2019. In total, the company will be laying off 303 workers. The full WARN notice can be found here.