Deceuninck North America is reorganizing its Monroe, Ohio, operations, with a 30 percent reduction in its workforce, effective immediately. The move is in response to the coronavirus-induced market conditions and economic uncertainty, according to a news release. The facility in Fernley, Nevada, will not be affected.
“Over the last few weeks, we have quickly entered a new reality, the duration of which is unclear,” says Filip Geeraert, president and CEO of Deceuninck North America. “The new and unprecedented demands that social distancing and other protective measures have placed on our operations and facility management, combined with a severe decline in order intake, led us to take these actions.”
Deceuninck acted swiftly based on the reduction in sales versus the size of the organization and related cost structure. With more than 650 employees, it had built a team capable of handling more volume as it had planned for strong growth in 2020.
The adjustments are being initiated to further protect employees, streamline operations, focus on strategic opportunities and invest in the future, say officials. “As demand increases, we will again adjust our team and operations to handle the growth,” says Geeraert.
