With profits down, Port of Tacoma plans layoffs

The Port of Tacoma plans layoffs as the organization attempts to recalibrate its staff to match its shrinking business.

Port Executive Director Tim Farrell said Monday he didn’t have a timeline for the staff cuts or a number of positions the port would eliminate. He did say that the cuts would be done in the second quarter.

The port employs 255 people. Before the port cuts job, it will offer employees the option of leaving voluntarily, according to a memo Farrell sent to port staff Friday.

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