High Point, North Carolina-based Thomas Built Buses, a subsidiary of Daimler Trucks North America and manufacturer of those iconic yellow school buses announced that it will be laying off 115 workers at its High Point facility as part of an adaptive response to sales.
According to a company spokesperson, “Following six years of increased demand and staffing to accommodate growth, we are now rightsizing to adjust to the cyclical nature of our business.”
The company started in 1916 as a street car manufacturer and switched to producing school buses in 1936. It now produces a number of school bus models as well as specialty vehicles. This is not the first mass layoff for the company, and is not likely to be the last.
Do you wonder, am I next?