Sturgis, Michigan-based Morgan Olson, a manufacturer of aluminum walk-in vans, has announced a significant reduction in force at the company's Sturgis location and two additional locations, one in Ringgold, Virginia, and one in Loudon, Tennessee.
The Ringgold layoff will impact 435 employees, and the Loudon layoff will impact 290; both layoffs are scheduled for December 22, 2023.
Some layoffs are expected at the company's headquarters, but no formal announcement has been made.
“Customers have recently communicated to Morgan Olson that new vehicle purchase orders will be delayed due to the current economic conditions and forecasts,” Klein said in a statement. As a result, Morgan Olson will reduce their workforce at all three Morgan Olson locations in Michigan, Tennessee, and Virginia. Ongoing production will continue at all locations as the company works towards expanding its customer base and preparing for market recovery.”
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. We see good people being laid off through no fault of their own. 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?