Michelin Plant in N.S. Approved for Work Sharing Program - Tire Review Magazine

Michelin Plant in N.S. Approved for Work Sharing Program

(Canadian Press) Some previously announced layoffs at the Michelin North America tire plant in Waterville, N.S., have been avoided.

The company’s work-sharing program application has been approved by Service Canada and goes into effect April 5. Company officials say that means they won’t have to cut 95 flexible workforce positions.

Under the work-sharing arrangement, employees who work reduced hours have the remainder of their time covered by Employment Insurance.

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 conditions. (Tire Review/Akron)

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