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  1. #1
    Shooter

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    Remington Arms to lay off 585 employees.

    Oldest gun maker in the US. 585 employees to lose their jobs.

    https://www.yahoo.com/news/remington...125728528.html
    "Those who cannot remember the past are condemned to repeat it." -- George Santayana

  2. #2
    La. CHP Instructor #409

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    They sold out and can not make firearms until new owners get an FFL in 60-90 days and plan to rehire about 400 former employees.
    It is difficult for a company to pay people who are unable to work for several months.

  3. #3
    Marksman

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    Quote Originally Posted by JBP55 View Post
    They sold out and can not make firearms until new owners get an FFL in 60-90 days and plan to rehire about 400 former employees.
    It is difficult for a company to pay people who are unable to work for several months.
    If true, someone didn't do their due diligence, or perhaps the purchasing company just had their ignorant heads up their collective asses. I'm sure the stockholders will be impressed by such far-seeing management.
    "Incrementalism" is the weapon used by anti-gun forces to destroy the second amendment.
    "Compromise" is a negotiation term that can only be used one time - when you compromise a compromise, you have lost the entire issue.

    “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride!” Hunter S. Thompson

  4. #4
    Shooter

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    Remington as we knew it is done. They were auctioned off to the seven highest bidders, effectively splitting Remington units up. Remington is also refusing to pay those 585 former employees their benefits under the union agreement/contract. Accrued vacation and separation benefits. You can bet those 585 employees are not happy right now!

    204 years of Remington Firearms is done. Sadly. How does this happen to America's oldest firearms manufacturer? Gross mismanagement?

    https://www.bloomberg.com/news/artic...nkruptcy-court
    "Those who cannot remember the past are condemned to repeat it." -- George Santayana

  5. #5
    Not Banned!!!

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    Remington and innovation have not gone hand in hand, at least in my lifetime.

    They seemed to skip handguns entirely, for some reason, until someone noticed that 9mm handguns were "sorta" popular. Then they brought out the R9, and the r51, both of which I could have easily said would not be big sellers at all. The r9 had some issues and the r51 was a complete flop. What did they think they were doing? Going to compete with other metal framed single stack carry guns (cause those are super popular, not) or even try to compete with poly framed single stack guns (which had their day in the sun until the 43x/hellcat/365 showed up)?

    I really seems like the only thing keeping them going was their ammo, and repackaged shotties like the tac14. I don't remember them making any waves in the distance market with a chassis bolt gun, or anything else rifle related. Just appeared to be a lazy company on their way out, at least to me.
    "These Rocky Mountains aren't very rocky. Yeah, that John Denver is full of SH**!"

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