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California's Largest Recycler Lays Off Nearly 300 Employees

Article-California's Largest Recycler Lays Off Nearly 300 Employees

rePlanet, California’s largest recycler, closed 191 recycling centers and laid off almost 300 people. This leaves many smaller communities without a place to take their cans and bottles.

rePlanet blames a decline in the commodity prices of aluminum and plastic along with increased costs for health insurance and a higher minimum wage.

According to Mark Oldfield with the California Department of Recycling and Recovery, much of the problem comes from the falling price in oil markets.

Continue reading at Capital Public Radio

TAGS: Business
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