AM I NEXT? NO LOVE AT TEREX CORPORATION

Am I Next? Layoffs at Terex.

Westport, Connecticut-based Terex Corporation, a manufacturer of industrial materials handling equipment, has announced that it will be shutting down its manufacturing operations in Rock Hill, South Carolina by the first quarter of 2021 and laying off 144 employees, including 132 production workers and 12 support employees. A small number of employees will be retained through the final shutdown.

According to a company spokesperson, "Due to declining orders and discontinuation of product lines, and the need to gain efficiencies by consolidating production at fewer sites, we have made the difficult decision to permanently end manufacturing operations at the Rock Hill location. While not exclusively related to Covid-19, the decision to end manufacturing operations in Rock Hill was the result of the need to make structural cost reductions in the current market environment."

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?