Fruit Of The Loom Cutting Jobs

Fruit of the Loom says it is cutting about 100 jobs, mostly at its headquarters in Kentucky.News outlets report the Bowling Green-based company said it is transferring information technology services to Wipro Ltd., an India-based company that specializes in IT, consulting and business process services.The company said in a news release Wednesday that the transition starts immediately and continues through March. The move will result in the loss of about 100 positions, most of which are in Bowling Green.Fruit of the Loom manufactures underwear, clothing and sports equipment under various brands. Berkshire Hathaway Corp. purchased the ailing company in 2002 for $835 million.




Source: MG News

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