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?

AM I NEXT? NO LOVE AT FINISAR

Sunnyvale, California-based Finisar Corporation, a division of Santa Clara-based Coherent, a laser technology company specializing in fiber optic communications, subsystems, and network test systems, announced an operational restructuring leading to a reduction in force at the company's Fremont, California location.

The personnel realignment will impact 108 employees involved in the manufacture of optical communication components and subsystems commencing on May 15, 2023.

According to a spokesperson, “This action is necessary due to a fall in business demand, which prompted a restructuring of operations with a focus on reducing business costs.”

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 TURCK

Plymouth, Minnesota-based Turck, a subsidiary of the German manufacturer specializing in components used in industrial automation and controls, has announced a reduction in force.

The reduction will impact 134 employees at the company's Plymouth, Minnesota manufacturing facility. Layoffs are scheduled for January 6, 2023.

According to a spokesperson, "We informed our employees of a reduction in our workforce due to our ongoing efforts to maintain our competitive position within our markets. The workforce elimination focuses on production and support services employees, including those in engineering, as Turck’s production of connectivity components, like cables and wiring consolidation parts, will be relocated to its facilities in Mexico."

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?