Just read that Remington is letting go 585 employees. Also, they are not paying any severance, or accrued vacation time.
The article said the company had four branches: Ilion, New York; Alabama; North Carolina; and Arkansas; and were purchased by four different bidders.
It said the new company hopes to hire 400 workers, when they can resume production, but first the new owners have to apply, and receive an FFL license, before they can begin making firearms again.
Remington started in Ilion, in 1816, and is touted to be America's oldest gun maker. Both candi