MAY 2, 2021 — UPDATE: 114 FEWER WORKERS TO BE LAID OFF IN ORLEAN, NEW YORK
“Beginning on July 23, 2021, and continuing over the course of several months thereafter, the Company will lay-off all employees employed in connection with the Company’s manufacturing, assembly, and test operations at the Olean Facility.” It is anticipated that these layoffs will continue through June 30, 2022, and at that time all manufacturing, assembly and test operations will have ceased.
“In total, 421 current positions will be impacted by these lay-offs, which will be permanent in nature. 314 of the 421 positions to be impacted, are union positions. Employees will be laid off in phases. The first phase of layoffs will occur between July 23, 2021, and August 6, 2021.”
FEBRUARY 17, 2020 — Original Post…
Munich, Germany-based Siemens Energy, a division of the multinational industrial conglomerate that manufactures turbines and compressors for the energy industry, has announced that it will continue its restructuring program and reduce global headcount in its gas and power division by 7,800 employees in phases by 2025, 1,700 of which will be laid of by mid-2022 in the United States .
Specifically, the company has announced it is planning to lay off 535 workers, including 350 union employees at its plant in Olean, New York which produces compressors and pumps for the oil and natural gas industry.
Approximately 350 project management, engineering and research and development jobs are expected to remain in Olean.
According to a company spokesperson, the decision was driven by changes in the global energy market and the company's planned exit of the coal-fired powerplant business which is being regulated out of business by political actions.
No so coincidenly, Senate Minority Leader, Chuck Schumer (D-NY), who advanced many of the restrictive energy programs screamed that the company was not cooperative with his office. "Schumer also wants to know if services previously performed by workers whose jobs will be eliminated will now be performed by independent contractors, subcontracted out or sent overseas." As if that is any of his business given the devastation of the energy industry by the Democrats. Clearly a case of NIMBY (Not In My Back Yard.)
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?