Taco Makes News For Preserving Jobs
Taco, Inc. was highlighted in a widely reported Associated Press story on the recent White House Jobs Summit. The company's successful attempts to avoid laying off any of its workers during the downturn this year was discussed at some length in the article. Rather than lay off experienced workers during the course of this year, Taco elected to carry out a layoff avoidance strategy called WorkShare, whereby workers worked a day less each week and made up much of the difference in lost salary with unemployment compensation. WorkShare also allowed workers at Taco to keep their benefits intact. Company president and CEO John Hazen White, Jr. (center) is shown on the factory floor with employees.