San Angelo, Texas – TimeClock Plus, Inc., an industry-leading workforce management software provider, announced Friday that they have restructured their organization in order to better position the company to succeed in the new economic reality of COVID-19. The restructuring included the elimination of approximately 50 positions across multiple office locations, effective today.
“These decisions are incredibly difficult, and we did not arrive at this lightly,” said Eric Thurston, President and CEO of TimeClock Plus. “However, it became apparent that we needed to restructure the organization in order to stage TCP for growth and success after COVID.” By taking a thoughtful approach to the reduction necessitated by the current economic climate, TimeClock Plus secured the company’s present while solidifying the strong foundation needed for future growth.
TimeClock Plus has been closely monitoring the COVID-19 situation and did not jump to conclusions when the pandemic first began. “Our employees are of utmost importance to us,” Thurston said. “We waited as long as we could to take this action and we are doing so in the most supportive and respectful manner possible.” Affected employees are being offered severance, job search assistance, counseling, and other supportive resources.
TimeClock Plus is an industry-leading workforce management software provider. For more than 30 years, TimeClock Plus has delivered best-in-class time and attendance solutions. TimeClock Plus has helped thousands of organizations meet their complex timekeeping, contact tracing, employee scheduling, leave management, and other workforce needs. Today, over 60,000 customers trust TimeClock Plus' software, hardware, services, and support to transform the way they track employee time and attendance. To find out more visit: http://www.timeclockplus.com
Comments
It's no surprise layoffs in any occupation can Happen. Anything related to the oil and gas production in this economy are not safe. Throw in the covid virus and you'd be naive in thinking your secure.
No payroll to process. No need employees. It's not rocket science.
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