President’s Update 04-14-2020

4/14/20

Local update

Hello everyone, today I was informed that the company is going to implement the sick time portion of their proposal. If you need to see look at the post on Sunday.  But they are going to hold off on implementing the rest.  This does not mean that this decision could not change tomorrow, but for now it held off.  I also found out that we lost some more sales in Mexico.  This only worsens our current position but I still have not heard a definitive answer if a reduction is going to take place.  I asked about the possibility of a furlough or a buy out for older employees and I was informed that these options are being considered. For those of you that don’t know if an employee was furloughed, they would keep their health insurance.  This does not mean they will be offered but I wanted to make sure all options are on the table.  We remain committed to working with the company to keep all of you working.  But if a lay-off does end up transpiring there is a little bit of good news.  With the signed covid relief bill any person collecting unemployment will receive an additional 600.00 a week on top of the amount normally received from the state through the end of July.  I am by no means trying to make this option sound good, but it probably doubles the amount you would receive.  Things are definitely happing quickly and I will continue to do my best to pass on relevant information.

Mike Hernandez