I-CAR Collision Repair Training | United States
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Current Events/News: I-CAR Press Releases

March 25, 2008

I-CAR REEVALUATES OPERATING NEEDS, ANNOUNCES LIMITED WORKFORCE REDUCTION

HOFFMAN ESTATES, IL – March 25, 2008 – I-CAR, the Inter-industry Conference on Auto Collision Repair, today announced a limited reduction in force. The staffing reductions involve the I-CAR Tech Centre in Appleton, Wisconsin, and the I-CAR Training Support Center in Hoffman Estates, Illinois, and I-CAR’s field operations.

“As with many businesses during these difficult economic times, I-CAR has had to re-evaluate its operating performance and its strategic position in meeting the training needs of the industry,” said I-CAR Board Chairman John Edelen. “Through this work, I-CAR has identified changes that must take place to ensure that I-CAR remains a viable organization and is positioned to be successful in the future.”

“Through the most recent review of the needs of the organization and its staffing levels we have found it necessary to consolidate some roles and activities, reduce resource levels in some areas, and to eliminate some roles. This has resulted in the reduction of the overall staffing needs of the organization, and the release of the employees affected by these decisions. We want to acknowledge the years of service and contributions of these employees.”

Mr. Edelen went on to say, “I-CAR continues to have very respectable levels of revenue; however, I-CAR’s revenue growth has been outpaced by the rate of escalation in our operating expenses. By restoring a balance between revenue development and our operating expenses, we will ensure that there are sufficient reserves, should these adverse economic conditions persist.”

“I-CAR’s employees are its greatest asset, and employee salaries and benefits are its most significant expense. We owe it to the inter-industry to ensure that we have the right level of staffing to meet the needs of our customers – not more, and not less. We must assure that we can continue to work effectively and efficiently while maintaining our position as a leader in providing training to the auto collision inter-industry,” said Mr. Edelen.

Further inquiries should be directed to Joyce Kasmer, Director of Marketing, at 800-422-7872 ext. 246 or joyce.kasmer@i-car.com.




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