Business & Tech
Vienna-Based Company Calls Furloughed Employees Back to Work This Week
Company CEO plans to pay workers with cash reserves until workers can be assigned to federal contracts, Washington Business Journal reports.
Vienna-based MicroTech, a company that relies heavily on federal contracts, recalled 90 percent of its furloughed workers Tuesday, planning to pay them with cash reserves, according to a report by Washington Business Journal. MicroTech will find work at the company offices to fill their time until contracts restart and salaries are reinstated, the story states.
The company, headquartered on Boone Boulevard, is a contractor of more than 100 federal projects and more than 25 procurement vehicles. It offers access to 2,500 vendors and a million technology products and services across the government, according to a news release about the company.
MicroTech was launched by its president and CEO Tony Jimenez from his kitchen table in 2004.
"Rather than allowing the shutdown to hurt our people any more than it already has, we have decided to take some risk, hoping that this is not a gamble that shuts our doors and puts us out of business," Jimenez told Washington Business Journal.
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About 100 of the company's 375 employees were impacted by the shutdown, the article notes.
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