Whirlpool to cut off Sears?
Layoffs are being anticipated at the Evansville, Ind. Whirlpool plant. The plant currently employs about 2000 people and manufactures refrigerators and ice makers. Since Whirlpool purchased Maytag (and assumed their debt) they have shut down three plants – so far.
According to Newswatch, ‘Whirlpool, which makes 270,000 refrigerators a year for Sears, asked Sears to raise its price. But when the company refused, Whirlpool executives told Sears to find another company to build for them.’
How many jobs have been lost so far with this merger? When will the bleeding stop?