Hoveround lays off 20 workers
SARASOTA, Fla. – Power-wheelchair company Hoveround has laid off 20 workers from its headquarters, dropping its Sarasota-area work force to 294, according to the Sarasota Herald-Tribune. The company blamed competitive bidding for the layoffs, saying the program has forced it to “streamline customer calls,” according to the story. As part of competitive bidding, Hoveround received contracts in 85% of its market areas, but it was forced to accept a reduction in reimbursement of 47%. “We have to become more efficient, or die,” CEO Tom Kruse told the Herald-Tribune.