The Daily Racing Form, the bible of the thoroughbred racing industry, is preparing to shut down its printing operation in Hightstown, N.J., and has notified its unions and independent contractors of plans for a "mass layoff" on May 31.
Steve Adams, general manager of the Hightstown operation, said any announcement would be premature at this time because final plans had not been made. He said an announcement probably would come within the next three weeks.
The layoff, he said, would affect about 50 employees, "and five or six others probably will be reassigned."
But the names of 124 job-holders, fulltime and substitute, "whose employment will be terminated," were attached to a company letter to union representatives outlining management's intentions.