Thursday, January 05, 2012

YRC to sell Roadway headquarters, cut as many as 100 Akron jobs and relocate others

Trucking company YRC Worldwide Inc. said Thursday it is selling the former Roadway headquarters in Akron to the developer of the Goodyear headquarters and expects up to 100 people will be losing their jobs in upcoming months.
About 100 other YRC Worldwide employees will transfer to office space at company truck terminals in nearby Copley and Richfield, with another 50 offered to relocate to jobs in Kansas, South Dakota and Iowa. The company said as many as 50 to 100 Akron jobs will be eliminated at the end of March, depending on which employees accept relocation. The YRC employees who lose their jobs will get severance packages.
“It really comes down to an economics issue,” said Jeff Rogers, the new president of YRC. “We’re still losing money.”
Rogers, who visited Akron on Thursday to announce the decision in person to employees, said the company will have about 4,000 employees in Ohio after the former Roadway headquarters is sold. Rogers also was meeting Thursday afternoon with Akron and Summit County public officials to explain the company’s decision, saying he owed it to the community given Roadway’s lengthy history in Akron.  Full Story........

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