Whirlpool is requiring all U.S.-based salaried employees to take two weeks of unpaid leave.
In a statement, the appliance powerhouse described the move as an additional cost-savings measure amid the pandemic that “will further enable our company, and our employees, to weather this storm and continue serving our consumers as we have been doing for 108 years.”
The mandated furloughs will take place between April 13 and May 31. Staffers will continue to receive their full 401(k) contributions and company match, the vendor said, albeit in Whirlpool common stock rather than cash.
The manufacturer previously warned of possible production slowdowns in response to disruptions in demand and new coronavirus guidance from healthcare agencies. Whirlpool had temporarily suspended operations at its Amana facility in Iowa and dishwasher plant in Findlay, Ohio, after workers were suspected of contracting the virus, and has since reopened the factories following a “deep cleaning.”
“With ongoing developments related to COVID-19, Whirlpool Corporation is focused on protecting the health and safety of all employees while continuing to serve the consumers who are depending on our products during this challenging time,” the manufacturer said. “We continue to take proactive measures to mitigate the economic impact of this global pandemic.”