Future unclear for Erwin Hymer employees, audit underway
Posted Jan 21, 2019 06:30:00 PM.
This article is more than 5 years old.
The future is still uncertain for workers at Erwin Hymer plants in Waterloo Region, and a new wrench has now been thrown into the situation.
RV manufacturing giant Thor Industries is now saying that they likely won't be buying the North American operations in a deal, which includes our local facilities.
The move correlates with an audit which has now been announced.
A company letter sent to employees, and obtained by 570 NEWS, says EHG is reviewing the business of Erwin Hymer Group North America, and an initial investigation showed “irregularities in the company's reporting”.
The memo goes on to say external auditors are now investigating, and several managers have been suspended pending the outcome.
Erwin Hymer also told its employees that they're “aware of concerns”, but they likely won't have any answers about the impact for weeks.
That just leaves current employees to wonder about their futures with the company, which were already set in doubt after around 90 layoffs came without warning last week.
Erwin Hymer, at the time, quoted an “unexpected economic downturn” as a reason for the layoffs.
570 NEWS has reached out to both companies, and has yet to receive a comment from Erwin Hymer.