Post any information about potential or actual Owens-Illinois layoffs? Any chatter, news or rumors?
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Week of 9/9 announcements are expected to roll out. Watch for WARN notices this week. Deep cuts are rumored at Perrysburg HQ campus. Globally, most plants will halt production (i.e. layoff employees) for 2-4 weeks in September and October. Rumored that 6 lines (plants?) will shut down permanently for lack of customer demand. Company plans to take massive write-offs in September. Q3 results will be abysmal. Leadership wants all the financial pain washed out of the system by September 30 so as not to impact Q4 report.