L.L. Bean, Maine’s fifth-largest employer, has started an employee buyout plan and other belt-tightening measures after a couple years of flat sales.
The measures, announced last February, started Jan. 1, with the aim of reducing its workforce by 500 full-time people, or 10 percent of its 5,000 employees, said L.L. Bean spokeswoman Carolyn Beem. Of L.L. Bean’s total employees, 4,000 are in Maine working in manufacturing, call centers, stores and administrative offices.