LAYOFFS: NO LOVE AT MICROCHIP TECHNOLOGY (03/05/2025)

MARCH 5, 2025 — 2,000 EMPLOYEES TARGETED

The company has targeted 2,000 employees in a broad restructuring initiative designed to reduce operating costs.

The layoffs will include employees at the company’s Fab 4 facility in Gresham, Oregon, Fab 5 facility in Colorado Springs, Colorado, and its back-end manufacturing site in the Philippines.

JANUARY 8, 2020 — Original post…

Chandler, Arizona-based Microchip Technology, a manufacturer of microcontroller, mixed-signal, analog and Flash-IP chips, has announced that the company is laying off up to 275 employees at its Colorado Springs, Colorado facility. The layoffs scheduled for the first quarter of 2020. The exact number of employees impacted will be affected by voluntary resignations and transfers.

According to a company spokesperson, the products produced at the facility “have experienced some long-term decline and many of the products produced at the facility will be transferred to the company’s other facilities in Arizona and Oregon. These transfers will transform this facility into a specialty or boutique fab focusing on manufacturing automotive, military and aerospace products. This transformation provides a long-term runway for the facility to be successful for years to come. ”

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?

LAYOFFS: NO LOVE AT CASTWELL PRODUCTS

Skokie, Illinois-based Castwell Products, a fabricator of high-quality precision-tolerance metal castings, has announced that it will be closing its Skokie foundry. Approximately 150 full-time employees will be impacted as the company closes out operations in stages beginning February 2020 with an anticipated final closure during the 2nd quarter of 2020.

According to a company spokesperson, “For the last year Castwell Products, LLC has experienced financial difficulties due to economic changes within our industry. In the past years, we have taken steps necessary to adapt to this new market with our product and process. Unfortunately, this action has not increased profitability. With deep regret, we have begun winding down our business.”

It should be noted that the industry for precision cast parts is undergoing change with new computerized print-on-demand technologies that build complex shapes layer-by-layer.

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?

AM I NEXT? NO LOVE AT MITSUBISHI (02/03/21)

FEBRUARY 3, 2021 — CLIMATE CONTROL OPERATIONS IN FRANKLIN, INDIANA DISCONTINUED

The company has announced that it will discontinue the production of automotive air conditioning compressors at its Franklin, Indiana facility beginning in March 2021, and completed by the end of 2021. The cessation of operations will affect approximately 80 employees.

The decision was driven "due to lack of sales and no future business."

NOVEMBER 29, 2019 — Original post …

Warrendale, Pennsylvania-based Mitsubishi Electric Power Products, a manufacturer of power transformers, circuit breakers, and components for electrical transmission systems, has announced that it will be laying off 160 employees at its Memphis, Tennessee manufacturing facility. The company has announced plans to sell the facility in the near future. Since the company manufactures some of the largest transformers and power station circuit breakers which are critical to the nation’s infrastructure and have a relatively long cycle between order and delivery. The company is said to be investigating a sale to a rival transformer manufacturer who may wish to retain some of the targeted employees.

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?