Cazenovia, New York-based Marquardt Switches, a designer and manufacturer of electromechanical switching components and assemblies primarily for the automotive industry has announced that it will be offshoring some production operations at its Cazenovia manufacturing facility through 2025 to its facility located in Irapuato, Mexico.
The offshoring will impact approximately 75% of the company's production positions at the Cazenovia site, estimated to be 180 jobs.
According to the company, the move was related to Low orders, changes wrought by the pandemic, global tensions and rising costs. "Despite significant efforts and investments to mitigate these challenges, we have not been able to achieve the necessary sales growth, adding that an analysis for the future did not show sufficient growth. We deeply regret the need for these measures at the Cazenovia site and are committed to supporting affected employees through these changes. However, these decisions were necessary and urgently required to ensure our continued competitiveness.
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?