Joe's Sports, Outdoor & More will temporarily lay off half the work force at its Wilsonville, OR distribution center, reported The Oregonian.
An estimated 60 workers are employed at the warehouse.
Joe's, formerly called G.I. Joe's since its founding in 1952, was purchased in 2007 by Gryphon Investors. The company sent letters to the employees that faced lay-offs stating that permanent termination could be possible starting April 3 if it could not renegotiate terms with its lenders, said the local paper.