Layoffs are coming to Titan Tire in Bryan, at least 130 employees will be laid off next year. Titan Tire management notified the Ohio Office of Workforce Development of the coming layoffs. The company’s operations manager, Thomas Ort, said that weak market conditions are are not expected to improve during 2016.
In November, when Titan Tire released its third quarter results, sales for the company were down 31.3 percent compared to the numbers from one year prior.
Titan Tire of Bryan will start layoffs beginning on Feb. 8, 2016
Ort did write that Titan Tire anticipates the layoffs to be temporary and will last a minimum of six months, with the possibility that some or all of the layoffs will last 12 months or longer.
The letter also says if market conditions don’t improve, the layoffs may be permanent.
Titan Tire in Bryan manufactures Titan and Goodyear tires.
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