Princeton’s L.W. Schneider announces temporary layoffs

L.W. Schneider in Princeton has confirmed to Shaw Local News Network it will be laying off some employees because of “general economic market trends.”

The manufacturer, located at 1180 N. Sixth St. in Princeton, said these layoffs are seen as temporary and did not comment on the number of employees that will be affected.

A spokesperson for L.W. Schneider said the action is not sizable enough to trigger a Worker Adjustment and Retraining Notification Act notice. WARN notices are required by most employers 60 days in advance of layoffs that affect 100 employees or more.

The organization has been in business for more than 50 years and is a high-volume manufacturer of precision firearm parts that serves manufacturers, law enforcement and the military.

As the layoffs were confirmed Monday, the spokesperson said “out of respect for our employees, we cannot comment with any further details.”