SNOWSHOE, W.Va. (WSAZ) -- Snowshoe Mountain was able to avoid job cuts Wednesday, as its parent company announced company-wide expense reductions.

Intrawest released the following statement Wednesday in reference to the news that employees at some ski resorts in Colorado lost their jobs this week.

"Like many companies in North America, Intrawest is not immune in this current economic environment. As such, we are taking the necessary steps to preserve our ability to be competitive and ensure our future success. As part of this process we have taken the difficult step of reducing and realigning our workforce. Impacted employees have been offered access to outplacement services to help in their transition. Although these are difficult decisions for us, our vision remains consistent and we are committed to delivering exceptional experiences for our guests, homeowners and employees."

Laura Parquette with Snowshoe Mountain told WSAZ.com late Wednesday that Snowshoe made its expense reductions without cutting any currently filled positions. The company met its requirement by attrition and the elimination of some open positions.

Snowshoe's written statement follows.

"Snowshoe Mountain’s parent company, Intrawest, announced today expense reduction initiatives, including workforce reductions. Snowshoe’s management team has implemented a plan that aligns with the overall company initiative, without impacting any current employees. No additional job eliminations will be happening at Snowshoe at this time. Snowshoe is excited to begin the 2008-2009 season on Friday, Nov. 21, with 31” natural snow. We look forward to a successful winter season."

Intrawest employs more than 22,000 people at resorts in states such as Colorado and West Virginia, as well as Canada.