LONG BEACH, MS (WLOX) - Triton Industries in Long Beach has cut about ten percent of its workforce. Trition officials said 25 full time employees and ten part time employees at the Long Beach manufacturing facility were let go.
Most of the workers were involved in the production of the Automatic Teller Machines Triton makes. Human Resources Director Brain Goff said the cutbacks were necessary because of declining sales.
The facility is Triton's only manufacturing site and according to Goff the company has no plans to leave Long Beach.
In July, a South Korean ATM maker Nautilus Hyosung announced it would buy the Long Beach company. But the sale remains under review by the U.S. Justice Department.
By September, Triton announced plans to open a research and development center in Long Beach. The expansion will mean new jobs, though no exact number was announced.
Triton is the fourth largest ATM manufacturer in the world.