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?