Hudson, Wisconsin-based Phillips-Medisize, a design, development, and manufacturer specializing in plastic injection molding of products for drug delivery, diagnostic, and MedTech devices, has announced phased layoffs at its St. Croix Meadows facility in Hudson, Wisconsin.
The decision was driven by a "major customer of Phillips that informed the company that it will need to immediately and substantially reduce the production of its products at the St. Croix Meadows facility."
The layoff will immediately affect 96 employees, commencing on or about July 12, 2022. The company notes, "In the event, our customer informs us that a complete cessation of production is necessary, we anticipate a permanent layoff of approximately 225 additional employees, which would likely take place in phases and would be expected to be complete on or about October 12, 2022.
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?