Nov. 20– Workers are losing their jobs as a major Hardin County business takes measures to readjust and realign its business model in an effort to shore up its financial picture and attract investors.
ISR Group President Alfred Lumpkin said the Savannah-based company has substantially reduced its workforce in a series of furloughs and layoffs, the latest occurring yesterday.
ISR provides service and support for unmanned aerial, ground and water vehicles often called drones and counts the U.S. military as a customer.
Lumpkin declined to say how many employees were cut, but said the reduction amounts to about 60 percent of the company’s staff. Some of the employees were laid off, and some were furloughed and given a return date. The furloughed employees will retain active benefits with ISR, such as employee investment accounts and health insurance, until they return to work, he said.