Brief: Wallenius Wilhelmsen to lay off 2,500 in US, Mexico

Wilh Wilhelmsen Holding ASA

25/03/2020 18:54

March 25 (Reuters) - Wallenius Wilhelmsen ASA  WALWIL.OL :
    * STARTING TEMPORARY LAYOFFS FOR ABOUT 2,500 PRODUCTION
WORKERS IN
USA AND MEXICO
    * IN LINE WITH AUTOMAKER PLANT CLOSURES WALLENIUS WILHELMSEN
IS
SUSPENDING OPERATIONS AT SEVERAL LANDBASED PROCESSING CENTRES
    * TEMPORARY LAYOFFS NOW STARTED, AMOUNT TO A LITTLE MORE
THAN HALF
OF COMPANY'S PRODUCTION WORKFORCE ACROSS USA AND MEXICO
    * DEVELOPMENTS WILL BE CONTINUALLY REVIEWED, AND ACTIVITIES
ADJUSTED IN LINE WITH CUSTOMER DECISIONS AND MARKET DEVELOPMENTS
    * FOCUS ON RETURNING EMPLOYEES TO WORK WHEN BUSINESS
REBOUNDS

Source text for Eikon:  urn:newsml:reuters.com:*:nObic3nRxa
Further company coverage:  WALWIL.OL 

 (Reporting By Terje Solsvik)
 ((terje.solsvik@thomsonreuters.com;))