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1.25761982870695E-05 0.000698877304812806 -0.000587488119984196 0.00141751720693405 0.00276137382390087 0.00348720012504332 0.00526942708230402 0.00554251024511001
Stock impact report

O'Reilly Auto Parts lays off portion of IT staff in effort to 'modernize,' align skills [USA TODAY]

O'Reilly Automotive, Inc. (ORLY) 
Last o'reilly automotive, inc. earnings: 4/22 04:30 pm Check Earnings Report
Company Research Source: USA TODAY
The Springfield, Missouri-based company says the layoffs aren't related to cost-cutting but rather to realigning skills for future projects. Affected employees received severance packages and will be considered for other open positions. Staff within the O'Reilly Auto Parts information technology department have been laid off. Social media posts made by current and former O'Reilly IT staff estimated the layoffs affected more than 100 employees. In an emailed statement April 24, Public Relations Director Sonya Kullmann Cox said less than 11% of the IT team was laid off in order to "modernize [the company's] IT solutions and structures" and align skills of the employees with the work ahead. "We recognize that the impact to the individuals affected and their families is significant, and we appreciate their past service to the company," Kullman Cox said in the email. She said most of the affected employees worked outside of the Springfield, Missouri metro area. The employees w Show less Read more
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