Nesquehoning, Pennsylvania-based KME, a designer and manufacturer of fire fighting apparatus, has announced the immediate layoff of 100 employees involved in manufacture of fire equipment and support services. According to a company spokesperson, "We will continue to make the necessary business decisions to ensure the future success of our employees and company, as well as our continued commitment to the entire area." The company is a division of the Milwaukee, Wisconsin-based Rev Group, a manufacturer of specialty vehicles including buses, fire trucks, ambulances, and recreational vehicles, which has experienced a slight loss and is undertaking some restructuring to deal with a softening marketplace and to manage their production capacity across their extensive line-up of vehicle brands.
According to Rev Group’s President and CEO Tim Sullivan in discussing the REV Group’s third quarter results, “So what happened in the past three months that caused us to fall short of our goals in the third quarter and reduce our full year earnings guidance by approximately 30%. A large portion of the change can be defined in one word, labor. Strategic decisions we made pertaining to labor during this fiscal year cannot be blamed entirely on our current situation with the tariffs, but they were a significant contributor.”
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?