AM I NEXT? NO LOVE AT MARQUARDT SWITCHES

Cazenovia, New York-based Marquardt Switches, a designer and manufacturer of electromechanical switching components and assemblies primarily for the automotive industry has announced that it will be offshoring some production operations at its Cazenovia manufacturing facility through 2025 to its facility located in Irapuato, Mexico.

The offshoring will impact approximately 75% of the company's production positions at the Cazenovia site, estimated to be 180 jobs.

According to the company, the move was related to Low orders, changes wrought by the pandemic, global tensions and rising costs. "Despite significant efforts and investments to mitigate these challenges, we have not been able to achieve the necessary sales growth, adding that an analysis for the future did not show sufficient growth. We deeply regret the need for these measures at the Cazenovia site and are committed to supporting affected employees through these changes. However, these decisions were necessary and urgently required to ensure our continued competitiveness.

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?

AM I NEXT? NO LOVE AT JABIL (03/17/24)

MARCH 17, 2024 — VANCOUVER, WASHINGTON FACILITY CLOSURE

The company has confirmed the closure of its Vancouver Innovation Center and will lay off 120 employees in May 2024.

The company also announced a significant shift in its business strategy following the sale of its mobile electronics segment to BYD Electronics for $2.2 billion.

OCTOBER 26, 2023 — Original post…

St. Petersburg, Florida-based Jabil, one of the largest providers of contract electronics manufacturing solutions, has announced a continuing restructuring initiative with reductions in the company's workforce.

The reduction in force will impact 140 employees located in Freemont, California, and commencing on November 10, 2023. So far this year, Jabil has announced layoffs totaling 515 jobs, primarily affecting workers in Fremont and Livermore, California. It is not unusual for a contract manufacturer to adjust personnel in response to the status of third-party contracts.

According to a company spokesperson, “We do not anticipate that these employees will return to work in the foreseeable future.”

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?

AM I NEXT? NO LOVE AT TTM TECHNOLOGIES

Costa Mesa, California-based TTM Technologies, a manufacturer of technologically advanced printed circuit boards, and radio-frequency components including microwave/microelectronic assemblies, has announced plans to close selected facilities, including printed circuit board PCB manufacturing operations in Anaheim and Santa Clara, California, and Hong Kong and consolidate the business from these impacted sites into TTM’s remaining facilities.

The closures will impact 240 employees in Santa Clara, California, 102 employees in Anaheim, California, and an unknown number of Hong Kong employees.

According to Tom Edman, President and CEO of TTM Technologies, “Although demand for our aerospace and defense business remains very strong, current macro-economic conditions are causing a softening of demand for our commercial business. This has necessitated the need for us to streamline our manufacturing operations. These are extremely difficult decisions, and we realize these actions will likely have a significant impact on the lives of our dedicated employees at the Anaheim, Santa Clara, and Hong Kong locations. We will work with our employees to assist them through this transition.

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?