LISTEN: First Brands Pauses 345 Layoffs as Accounting Scandal Unfolds

Auto parts supplier First Brands will retain 345 employees previously slated for layoffs at its TMD Tiffin facility in Ohio. The company announced in February that it would close the site and cut 407 workers on April 30. It now plans to keep 345 of them through May 31, with the remaining employees losing their jobs as scheduled.The February WARN notice listed impacted employees, which included press operators, production handlers, engineers, maintenance workers and quality control staff.First Brands said the postponement stems from ongoing attempts to sell certain U.S. facilities. These efforts followed a Chapter 11 bankruptcy filing in September 2025, when the company reported more than $10 billion in debt. In January, it launched a process to sell all or parts of the business, including brands such as Autolite spark plugs, Anco windshield wiper blades and FRAM filters.#manufacturing, #autoparts, #firstbrands, #layoffs, #bankruptcy, #accountingscandal, #fraud, #corporategovernance, #businessnews, #industrialnews, #supplychain, #workforce, #ohiojobs, #chapter11, #automotiveindustry, #financialcrisis, #industrynews, #marketnews, #operations, #restructuring