Albuquerque will lose more jobs son when Cardinal Health starts cutting positions next month.
About 150 jobs will leave Albuquerque when Cardinal Health trims its workforce. The company told Action 7 News in a statement, "After a long decision-making process conducted over many months, the decision has been made to contract out 130 finance organization jobs to Xerox." Twenty other New Mexico positions are moving back to Ohio as well.
Layoffs start Tuesday and will be finished by spring 2013. After the transition, Cardinal Health said they estimate about 225 positions will stay in Albuquerque.
The dismal news comes after a recent study showed the city has had zero job growth since 2008.
"We are at a crossroads. We're at a place where we need to start making some really tough decisions, about what it is that we're going to do to be competitive," city Economic Development Director John Garcia said.
Garcia said changes may be in order to the city's tax policy to make it easier to do business.
In the short term, Garcia encourages New Mexicans to spend dollars locally and support small businesses.
"Maybe we're in a crisis and this really is a time for us to get behind a support efforts for making this business climate a little better," Garcia said.
Information from KOAT.COM
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