AM I NEXT? NO LOVE AT HANESBRANDS

Winston-Salem, North Carolina-based Hanesbrands, an American multinational clothing company, has announced a cost-cutting initiative that will result in the layoff of an unknown number of employees.

According to a company spokesperson, "We continue to operate in a very challenging environment, and we must focus on controlling costs as we continue to execute our Full Potential plan. As a result, we made the difficult decision to eliminate a number of positions across our company. These are valued associates, and we thank them for their many contributions to Hanesbrands."

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 BORGWARNER (08/26/23)

AUGUST 26, 2023 — 192 EMPLOYEES IN KOKOMO, INDIANA (INCLUDES TRIALON CORPORATION EMPLOYEES)

The company announced that 192 employees working across two companies in Kokomo, Indiana will lose their positions commencing on October 22, 2023.

The company will close its Morgan Street production facility in October, with a full closure expected to be completed in mid-2024.

BorgWarner will lay off 82 BorgWarner employees and Burton, Michigan-based Trialon Corporation, which provides laboratory testing for vehicle components, will lay off 110 Trialon employees working at the BorgWarner location for its client BorgWarner.

According to a company spokesperson, “BorgWarner is making market-driven adjustments to adapt its cost structure in order to remain competitive in the current environment, including restructuring, closure, or consolidation of manufacturing and/or technical centers in all major regions. We are committed to ensuring the smoothest transition possible for any impacted employees while also continuing to support our customers and suppliers over the coming months.”

February 7, 2023 — Original post…

Auburn Hills, Michigan-based BorgWarner, an automotive components manufacturer, has announced the continuation of its “market-driven adjustments to adapt its cost structure in order to remain competitive in the current environment, including restructuring, closure, or consolidation of manufacturing and/or technical centers in all major regions.”

The latest impact on an unknown number of employees will occur with the 2024 closure of the company's Ithaca, New York valvetrain production plant. It is estimated that 208 employees will be affected by the closure.

According to a company spokesperson, “The company has decided to consolidate the valvetrain production facility into another existing BorgWarner facility and close the valvetrain research technical center on the Ithaca, New York campus.

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 CONFLUENT

Mountain View, California-based Confluent, a managed cloud-service provider for connecting and processing data between databases, has announced an 8% reduction in its workforce to improve the company's path to profitability.

The reduction in force will impact 220 employees, with separations being completed in the Second Quarter.

Co-founder and CEO Jay Kreps noted, "Due to economic uncertainty, it's taking longer for the company to close sales, so its growth is slowing. At the same time, it's under increasing pressure to stem its losses."

"To many, I'm sure this news comes as a shock, though those following the broader tech ecosystem closely may be less surprised. Ultimately, we had optimized some aspects of our operations for a very different world than we found ourselves operating in. The responsibility for that falls squarely on me."

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?