Temporary Shutdown at Zippo
In response to the current business conditions, Zippo announced today a temporary reduction in staffing levels. The company is implementing a plant shutdown effective Thursday, May 21 through Friday, May 29. This time period includes the Memorial Day holiday.
According to Zippo President and CEO, Greg Booth, the shutdown will affect the majority of positions in the factory, except for those positions that are needed to meet order shipments, to maintain the facilities and to continue ongoing internal improvement projects.
Currently, adjustments in work hours and schedules for all office staff are being evaluated, with changes pending. During the layoff period, Zippo offices will continue to be open during regular business hours.
Booth said, “Zippo strongly regrets these temporary layoffs, but current economic factors, particularly in overseas markets, have forced Zippo to adjust the staffing levels. Despite the fact that sales in the U.S. domestic market remain solid, they are not strong enough to offset the sales declines in some of our international markets.”
Zippo remains a strong and viable company with products that are second to none,” Booth noted. “Currently we are aggressively pursuing new sales opportunities with existing customers and many new customers in emerging markets. We will return to normal staffing levels and working hours as soon as business conditions warrant.”
According to Zippo President and CEO, Greg Booth, the shutdown will affect the majority of positions in the factory, except for those positions that are needed to meet order shipments, to maintain the facilities and to continue ongoing internal improvement projects.
Currently, adjustments in work hours and schedules for all office staff are being evaluated, with changes pending. During the layoff period, Zippo offices will continue to be open during regular business hours.
Booth said, “Zippo strongly regrets these temporary layoffs, but current economic factors, particularly in overseas markets, have forced Zippo to adjust the staffing levels. Despite the fact that sales in the U.S. domestic market remain solid, they are not strong enough to offset the sales declines in some of our international markets.”
Zippo remains a strong and viable company with products that are second to none,” Booth noted. “Currently we are aggressively pursuing new sales opportunities with existing customers and many new customers in emerging markets. We will return to normal staffing levels and working hours as soon as business conditions warrant.”
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