More than 100 Evatone employees — roughly half of its work force — are being targeted for layoffs as the Largo company moves through bankruptcy reorganization.
Fifty-seven workers were told last week they will lose their jobs following the sale of Evatone's optical disc department to a Texas company. According to a filing with the state, Evatone warned of cutting 107 jobs by mid March.
But Carl Evans, Evatone's chief executive and president, said late Tuesday the state filing represents the "worst-case scenario'' and it may be possible to avoid some cuts as the sale of the disc business proceeds.
D-Tech USA LLC, the Plano. Texas, company buying the unit, may consider some of the workers for customer service or marketing jobs that could remain in Pinellas County, Evans said.
"I'll know a lot more in four weeks than I know today,'' he said.
The 84-year-old printing and packaging company filed for Chapter 11 bankruptcy reorganization in November. The cause for the filing, a dispute with a landlord, has been worked out, so the company will operate out of a smaller space, Evans said.
In its evolution, Evatone has produced a variety of media, including CDs, DVDs, audiocassettes and printed material. Last year, the company moved its distribution center to Mocksville, N.C., but it plans to keep its manufacturing business in Pinellas County.
Evatone was known for decades as Eva-Tone, but it dropped the hyphen five years ago as part of a high-tech makeover.
Lorri Helfand can be reached at [email protected] or (727) 445-4155.