"You missed the deadline again!" What to do with the new-hire?

General information of the situation
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What's the Situation?
"You missed the deadline again!" He used to be dependable. This has caused delays in project completion and incurring additional costs.
What's the biggest challenge?
Replacement is not an option. It will be difficult and costly to train a replacement at this time. Whether this is your situation or not, put yourself in the situation and think through a resolution.
What's the objective?
I'm under pressure to finish the project on schedule. I need him to help me do that. What would you have done if you're in this situation?
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Ray Jimenez    
May 29, 2018