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A number of sources are reporting that California-based Fender Musical Instruments Corporation (FMIC) recently laid off nearly 300 employees.
On August 5, Guitar.com posted that Fender staff, from management to production workers, had been let go. The news was quickly picked up by numerous blogs and YouTube channels, with former employees also posting on social media about the layoffs.
Some larger corporations throughout the country have recently been trimming their ranks due to “redundancy” in anticipation of an economic downturn or even recession.
MMRÂ has reached out to reps at Fender for comment, but there has been no reply as of this posting.
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