CHARLOTTE, N.C. – Burlington Industries Inc., once the world's largest textile maker that filed for bankruptcy protection last year, plans to cut 4,000 jobs in the United States and Mexico, or more than a third of its overall work force, as part of a restructuring program.
The Greensboro-based company said Thursday a reorganization of its apparel fabrics business would result in 2,800 layoffs in the United States and 1,200 more in Mexico. The cuts were in response to ``slowing economic conditions and continued import competition,'' the company said.
``We are moving aggressively to create more value for our customers and provide a broader range of new products and fabric innovation, `` said George W. Henderson III, chairman and chief executive.
The company said at the time of its bankruptcy filing last year that it employed about 11,000 workers overall.
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