Whirlpool Lay off Job Cut: Whirlpool Fires 440 employees: Finance Trading Times

Whirlpool Lay off Job Cut: Whirlpool Fires 440 employees

As per the latest news, the American no. 1 Refrigration company Whirlpool has decided to go for a massive Whirlpool Lay off or Whirlpool Job Cut.
Whirlpool Lay off Job Cut
It is learnt that Whirlpool will lay off 440 employees at an Amana refrigerator plant. The Whirlpool Job Cuts are said to be justified due to a reduction in demand.

The Whirlpool Company has offered a combination of voluntary and involuntary layoffs which will mean that 60 people will loose their jobs by Monday. The rest of the layoffs will take effect before October 20, 2008.

"Like any manufacturing facility, we do have to flex and adjust to market demands and market conditions," Whirlpool spokeswoman Jill Saletta said. "It’s just general market conditions."

The announcement comes slightly more than two years after Whirlpool recived a $5 million forgiveable loan as part of an $11.2 million expansion of the Amana plant. Company officials announced thaen that they planned to add more than 400 jobs at the Amana plant and boost employment to roughly 2,900 by the end of 2008.

It was not immediately clear whether Whirlpool will have to payback any money as a result of the cuts.
Hope to see some alternative jobs being available to the affected employees of Whirlpool.
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