Ames, Iowa-based Danfoss Power Solutions, a manufacturer of engine hydraulics, cooling, and heating products, has announced that its Eden Prairie, Minnesota, manufacturing facility will close by the end of 2025.
The closure will impact 110 employees affected by the layoffs, including those in engineering, manufacturing, shipping, testing, and management. The first round of layoffs will commence during a two-week period beginning on March 25, 2025. Additional layoffs are scheduled in May and December.
The decision is believed to have been driven by the company's Danish parent, which has experienced declining revenues.
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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?