Blackwater Laying Off Staff As It Adopts New Name

Blackwater Worldwide's reorganization under the new brand name Xe includes layoffs designed to make the company leaner.

Xe spokeswoman Anne Tyrrell said Thursday the reorganization "has unfortunately required some staff reductions." She said the layoffs were to ensure the best value for customers and to improve the company's efficiency.

Tyrrell declined to provide numbers on how many people were laid off and where they worked within the privately-held company.

The North Carolina-based security contractor also said in November that it had laid off employees after failing to win a government contract for its Grizzly armored vehicle to replace the Humvee.

The company announced last week that it was changing its name from Blackwater Worldwide to Xe as part of a rebranding and reorganization.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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  • by Anonymous on Feb 19, 2009 at 03:06 PM
    Hey Sam, I disagree. This name change is brilliant. It can be compared to the time The artist formally known as Prince changed his name to a symbol. NOT!!
  • by Sam Location: Williamston on Feb 19, 2009 at 01:15 PM
    Xe is one of the dumbest manes that I have ever heard for a company. That is so retarted. Why could they just not keep it as Blackwater? I liked the name Blackwater. I feel bad for the staff that got laid off.

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