Layoffs
-
These layoffs at Whirlpool in Iowa aren't the result of the tariffs, but it certainly does make one wonder. How many companies will bring manufacturing back to the US?
Des Moines Register:
Whirlpool Corp. will lay off 651 workers from its Amana manufacturing facility effective June 1.
The company cites reduced consumer demand for its refrigeration products as the reason for the layoffs.
Iowa Senate Democratic Leader Janice Weiner blames Republican policies for economic turmoil and criticizes cuts to unemployment compensation.
Whirlpool CEO Marc Bitzer stated in January that the company would seek to cut costs and prepare for a housing market recovery.
-
Whirlpool CEO Marc Bitzer stated in January that the company would seek to cut costs and prepare for a housing market recovery
Housing market recovery?
-
Stellantis.
Stellantis said it is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs.
About 900 U.S.-represented employees at supporting plants will be temporarily laid off, in addition to about 4,500 hourly workers at the Canadian plant, Stellantis said.
-
Stellantis also closed the Jeep plant in Toledo a month ago.
