zimv20
May 17, 2004, 11:40 PM
link (http://www.newsnet5.com/news/3310895/detail.html)
1,300 Jobs Predicted To Be Cut
POSTED: 10:30 am EDT May 16, 2004
CANTON, Ohio -- Timken is slashing a quarter of its employees in Canton, and as workers facing layoffs consider their future, the ripple effect is already beginning.
"How can I afford to get married, afford a house payment, maybe kids, if I don't have a job?" said Timken employee Shawn Higgins.
Timken is Canton's biggest employer, and it is reported that 1,300 jobs are to be cut. Former Mayor Richard Watkins, who led the city for 12 years, knows how enormous the impact of such a downsizing can be.
"It isn't just about Timken," said Watkins. "Other jobs are affected. If (people) can't spend money, the smaller entrepreneur won't be able to stay in business."
Ironically, it was a little more than a year ago when President George W. Bush visited Timken's world headquarters heralding his tax cut and job creation plan. Now this very company's job cuts will be a major blow to the economy in Canton.
As manufacturing jobs continue to disappear from the area, Canton Mayor Janet Weir Creighton believes all is not lost.
"It's not a question of whether this problem isn't solvable, but if we can find the right answers," Creighton said.
The union said it is open to talks to try and keep as many jobs in Canton as possible.
(emphasis mine)
1,300 Jobs Predicted To Be Cut
POSTED: 10:30 am EDT May 16, 2004
CANTON, Ohio -- Timken is slashing a quarter of its employees in Canton, and as workers facing layoffs consider their future, the ripple effect is already beginning.
"How can I afford to get married, afford a house payment, maybe kids, if I don't have a job?" said Timken employee Shawn Higgins.
Timken is Canton's biggest employer, and it is reported that 1,300 jobs are to be cut. Former Mayor Richard Watkins, who led the city for 12 years, knows how enormous the impact of such a downsizing can be.
"It isn't just about Timken," said Watkins. "Other jobs are affected. If (people) can't spend money, the smaller entrepreneur won't be able to stay in business."
Ironically, it was a little more than a year ago when President George W. Bush visited Timken's world headquarters heralding his tax cut and job creation plan. Now this very company's job cuts will be a major blow to the economy in Canton.
As manufacturing jobs continue to disappear from the area, Canton Mayor Janet Weir Creighton believes all is not lost.
"It's not a question of whether this problem isn't solvable, but if we can find the right answers," Creighton said.
The union said it is open to talks to try and keep as many jobs in Canton as possible.
(emphasis mine)
