2009-03-27
Some previously announced layoffs in Waterville have been avoided now that Michelin's Work-sharing program application has been approved. The Service Canada program goes into effect April 5th. And Michelin officials say that means they won't have to move forward with the planned layoff of 95 flexible workforce employees. Over 500 Michelin regular and flexible workforce employees elected to participate in the program that will run for 18 weeks. It can be re-evaluated based on market fluctuations. Under Work-Sharing, Michelin Waterville employees will work reduced hours with the remainder of their hours covered by Employment Insurance. Earlier this month, the company announced 9 layoffs at the plant in Bridgewater and 33 at the Granton operation.
