Bracing For Layoffs

More people will soon be out of work in a county with the second highest unemployment rate in the state.

Cox Enterprises announced it has sold Saving Source Direct, a Tarboro-based business. A press release from Cox says the sale will move the company's operations to Alabama.

Saving Source Direct is the company that mails coupons to more than 17 million homes in 26 states. The sale is scheduled to close on Tuesday, May 26.

Affected employees at the Tarboro plant are being offered severance pay, benefits continuation and career transition services.

Saving Source Direct employs about 70 full-time and part-time employees.

Cox is also trying to sell some its newspapers, which include the Daily Reflector in Greenville, the Rocky Mount Telegram and the Daily Advance in Elizabeth City.

The unemployment rate for March in Edgecombe County is a staggering 16.3%. The only county who has a higher rate than that is Scotland County, with 16.6% unemployment.

To read the full press release from Cox, click here.

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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Dwayne Location: Greenville on May 21, 2009 at 09:45 AM
    Change you can believe in. Yes they did.
  • by DK Location: Greenville on May 21, 2009 at 03:29 AM
    COX isnt owned by one person and the jobs moved to Alabama, not overseas. Americans still have the jobs. Its not greed. Its business. If you are not a business person, you wont understand. Its not a business owners job to worry about the welfare of other Americans. You should take care of yourself and your family and not worry about Joe Millionaire paying your way.
  • by john Location: washington on May 20, 2009 at 10:39 PM
    Its all about Greed! Greed means money in the sellers pocket but people in the streets, oh well what is it to him? Just go to show how much the owner of COX enterprises really cares about his fellow Americans in this hard time. He just showed he only cares for himself and his wallet. He thinks with his wallet and not his heart..we need to keep business in eastern carolina not take them away, havent we lost enough jobs to China? Oh my this is to selfish of him to do this, self centered, now wants to sell out all his other interests and what lose more jobs that cant be replaced. How about All of us eastern Carolinian's just move away on our own, thats what is going to happen and thats what they want by not bringing in more business and just giving it away!!!!!! think of others not just you, yourself, and your wallet! thanks
  • by DK Location: Greenville on May 20, 2009 at 04:13 PM
    I cant blame a company for moving jobs overseas to save money by paying cheaper wages. Thats just business and thats how the world goes around. Get it cheap, sell for alot. Thats the American way. What sucks about it, is that Americans with no skills or real education what so ever, feel like they are entitled to high paying salaries as if they have a degree or something. Whereas an Idian that lives in the slum is just happy to have a job that pays anything at all, and will work their butts off because they appreciate the job. The broke butts over here think that they are owed something and dont work as hard as they should. People that work on the floor in manufacturing plants think their job is hard but really, anyone off the street can be trained to do what they do in a week tops. They always complain that the office employees are treated better than them. Well, you are easily replaced. Degrees associates are not. Hence the better pay and treatment.
  • by David Location: Manteo on May 20, 2009 at 01:30 PM
    This is just typical of Edgecombe County businesses. They have claimed for the past 20 years that Tarboro was a "city on the rise" just like Rocky Mount but yet everything in Tarboro is shutting down. I lived in Tarboro most of my life and moved to the OBX 5 years ago because of the lack of the successful rise in Tarboro. While living in Tarboro, in a six year period, six companies shut down all of which were textiles. They either went bankrupt but most of them moved over seas for cheaper wages. That is the fault of our government for allowing our American companies to seek cheaper wages over seas leaving the American Families living off welfare and the so-called unemployment checks! When is our government and presidents going to open their eyes and take action before its to late?! This is the reason why so much crime is occuring now! As the companies go down, the crime rate rises!! Everybody wants and needs money to live! OPEN YOUR EYES AND DO SOMETHING ABOUT IT!!!
  • by flipflop on May 20, 2009 at 07:46 AM
    Will they take any of these employees to Alabama? Moving is sometimes a good option, would be for me anyway...
  • by Tim on May 20, 2009 at 07:15 AM
    Oh God no, not the Daily reflector. What pamphlet will liberals use in Greenville now?
  • by Tad Location: Jamesville on May 20, 2009 at 05:03 AM
    The days of print newspapers are numbered.

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