It was probably inevitable, but Toyota announced today that it will shut down all of it’s North American factories because of parts shortages from Japan.
“The temporary shutdowns are likely to take place later this month, affecting 25,000 workers, but no layoffs are expected, spokesman Mike Goss said. Just how long the shutdowns last or whether all 13 of Toyota’s factories will be affected at the same is unknown and depends on when parts production can restart in Japan, he said.”
During the shutdown workers will be training or have the option of taking vacation or time off without pay. Toyota did give forewarning that this could happen, but there was no indication of when and there is still no idea of how long.
Read the full story at ABC News:


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