AM I NEXT? NO LOVE AT STUPP CORPORATION

Am I Next? Oil and gas downturn costs jobs.


The Stupp Corporation has filed paperwork with the state announcing its intent to lay off hundreds of workers at its two plants in the Baton Rouge area next month.

Baton Rouge, Louisiana-based Stupp Corporation, a manufacturer of custom steel pipe, has announced that it will be laying off 375 employees at the company's two Baton Rouge locations. 300 at the pipe manufacturing facility and 75 in the coatings plant. The layoffs are planned for late-October 2020.

The primary driver of the reduction in force is the major downturn in the global oil and gas industry, a major consumer of steel pipe.

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 NUCOR

Am I Next? Downsizing at Nucor’s American Steel Buildings.

Charlotte, North Carolina-based Nucor Corporation, a major diversified producer of steel and related steel products, mainly from scrap steel, has announced that it will be laying off 309 employees at its aubsidiary, American Steel Buildings Company, a designer, manufacturer, and erector of steel buildings, located in Eufaula, Alabama. The layoffs will commence on September 11, 2020.

The decision appears to be driven by market conditions, with many companies downsizing or consolidating rather than expanding into new facilities.

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 HAYNES INTERNATIONAL

Am I Next? Layoffs at Haynes International.

Kokomo, Indiana-based Haynes International, a major producer of corrosion-resistant and high-temperature alloys, has implemented a cost-cutting program in response to falling revenues linked to the general business dowturn in the aerospace sector caused by the COVID-19 pandemic.

Impacted were 91 employees who received involuntary layoffs along with an unspecified number of voluntary layoffs.

According to President and Michael Shor, "We are living through the most unique time that I've experienced in my lifetime Where possible, employees who are able to work from home continue to do so. Where not possible or if an employee feels uncomfortable coming to work, we established a process of voluntary layoffs."

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?