HeraldNet: Layoffs big (Weyerhauser) and small (MDRNA, Inc.) clouding state economy



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The Petri Dish

August 5, 2008

Layoffs big (Weyerhauser) and small (MDRNA, Inc.) clouding state economy

Posted at 10:49 am by Jerry Cornfield

Washington’s economy may be holding up well compared to the rest of the nation but it is far from booming.

Weyerhauser Co. of Federal Way announced this morning it is eliminating 1,500 jobs following a very difficult last three months.

MDRNA, Inc., a struggling Bothell biotech firm is letting 23 people go, including its president.

The news comes as Gov. Chris Gregoire on Monday ordered a hiring freeze, curb in unnecessary out-of-state travel and cut back in fuel use in most state agencies to offset a decline in tax collections by the state.

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