ROCKFORD (WREX) — One of the Rockford region's largest employers is laying off workers in the wake of the novel coronavirus.
On Wednesday, Woodward, Inc. confirmed to 13 News that it's laying off members across the company.
The company did not provide a specific number for how many employees would be impacted. The company said it would provide a total number of layoffs on Thursday.
Woodward said it is offering severance packages with paid benefits for an additional three months and outplacement services to impacted employees.
13 News will follow up with Woodward on Thursday to provide a total number of employees who were laid off. Additionally, on 13 News at 6 we will speak to area economic leaders about what they are predicting the pandemic's impact will have on the economy for the next several months.
On Monday, Woodward announced it is requiring employees to wear masks to work or they will be sent home.