Wallenius Wilhelmsen to Cut 2,500 Jobs in USA and Mexico

27 March 2020

As a result, Wallenius Wilhelmsen is suspending operations at several landbased processing centres, starting temporary layoffs for about 2,500 production workers in the USA and Mexico.

 

“While we work diligently to avoid reductions in our workforce, we have no choice but to respond to the disruption experienced by our customers and the effect it has on our operational throughput and income,” says Craig Jasienski, President & CEO of Wallenius Wilhelmsen.

 

The temporary layoffs now started, amount to a little more than half of the company’s production workforce across the USA and Mexico. As explained, the company will work on returning employees to work when business rebounds.

 

“We recognize and remain sensitive to the challenges many employees and families are facing during these uncertain times. Still, I remain confident that making some hard but responsible decisions today, is a far better course than waiting and having to make bigger and harder decisions later. We will continue to hold that mantra as matters develop,” continues Jasienski.

 

The announcement is being unveiled a week after the company withdrew its dividends for 2019 and informed of its plans to reduce capacity through a combination of redelivery of chartered vessels to tonnage providers, early recycling of up to four vessels and cold-lay-up of up to 10 vessels.

 

Given the situation and the need to preserve cash until there is more certainty, the company’s management has reduced Capex spend to a minimum, prioritizing safety and maintenance critical expenditures.

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Today
8:03am
Hi Jenna! I made a new design, and i wanted to show it to you.
8:03am
It's quite clean and it's inspired from Bulkit.
8:12am
Oh really??! I want to see that.
8:13am
FYI it was done in less than a day.
8:17am
Great to hear it. Just send me the PSD files so i can have a look at it.
8:18am
And if you have a prototype, you can also send me the link to it.

Monday
4:55pm
Hey Jenna, what's up?
4:56pm
Iam coming to LA tomorrow. Interested in having lunch?
5:21pm
Hey mate, it's been a while. Sure I would love to.
5:27pm
Ok. Let's say i pick you up at 12:30 at work, works?
5:43pm
Yup, that works great.
5:44pm
And yeah, don't forget to bring some of my favourite cheese cake.
5:27pm
No worries

Today
2:01pm
Hello Jenna, did you read my proposal?
2:01pm
Didn't hear from you since i sent it.
2:02pm
Hello Milly, Iam really sorry, Iam so busy recently, but i had the time to read it.
2:04pm
And what did you think about it?
2:05pm
Actually it's quite good, there might be some small changes but overall it's great.
2:07pm
I think that i can give it to my boss at this stage.
2:09pm
Crossing fingers then

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