Eau Claire, Wisconsin-based American Phoenix, a processor of rubber compounds, has announced a reduction in its workforce.
The reduction is said to impact less than 40% of the company's employees and will commence in February 2024.
According to a company spokesperson, "American Phoenix Inc.’s operation in Eau Claire, Wisconsin, is a custom mixer for the automobile, agriculture, mining, and over-the-road trucking industries. This site employs 200 people. On Monday, January 29th, American Phoenix announced layoffs because of a reduction in mixing demand.”
“As part of the layoffs, night shift operations will be discontinued, and operations will be consolidated into two shifts. The number of people affected is not known at this time. The layoffs are expected to take place in February.”
“American Phoenix values the hard work and talent of our employees, and we hope to get them back to work when demand rebounds and the overall economy in our various industries improves."
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?