11 votes

Biggest factory shutdown since World War II hits US and Europe

2 comments

  1. pocketry
    Link
    My customers are those parts suppliers. It's going to be a rough year. I think I'll be able to stick around because I've been here long enough and can do many different roles, but it would not...

    My customers are those parts suppliers. It's going to be a rough year. I think I'll be able to stick around because I've been here long enough and can do many different roles, but it would not surprise me to see a pay cut.

    3 votes
  2. skybrian
    Link
    From the article: [...]

    From the article:

    The economic impact of the growing coronavirus outbreak is shifting from service-driven industries like hotels and restaurants to the manufacturing sector on both sides of the Atlantic, leading to a synchronized shutdown of heavy industry that historians and industry experts say is unlike any seen since the 1940s.

    [...]

    Also affected are carmakers’ vast supplier networks, already shaky as a result of the shutdown in China. Ford had been forced to shut a plant in Chicago because a seating supplier halted output to clean after a worker tested positive for the virus. At a Mercedes-Benz plant in Alabama, managers have warned that the shutdown in Europe may force production to stop soon because of a lack of parts.