AM I NEXT? NO LOVE AT TT ELECTRONICS

Woking, England-based TT Electronics, a manufacturer of electronic components, including sensors, power modules, resistors, magnetics, semiconductors, connectors and optoelectronics, and provider of contract manufacturing services, has announced that it is closing its Corpus Christi manufacturing facility.

Some of the work will be transfered to the company's newly-expanded 68,000-square-foot facility in Plano, Texas. A smaller portion of the manufacturing operations will be sent abroad to the company's factory in Bedlington, England.

The closure will impact 73 employees commencing on begin on August 16, 2021, and be completed by the end of August 2021.

The decision is being driven by a 2020 operational review which led to plans to reduce the company's global workforce, consolidate operations, and to shutter at least three facilities globally, including one in Christ Church, Barbados, and one in Lutterworth, England.

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?

AM I NEXT? NO LOVE AT SIGNIFY (PHILLIPS LIGHTING)

Eindhoven, Netherlands-based Signify, formerly known as Phillips Lighting, a world leader in lighting products, systems, services, and software, plans to cut 700 jobs out of its global workforce. Impacted will be approximately 135 employees at its production facility in Tupelo, Mississippi, begin in April 2021 and be completed by December 2021.

Manufacturing work previously done in Tupelo will transition to facilities in San Marcos, Texas, and Monterrey, Mexico,

According to a company spokesperson, “The decision has not been taken lightly but is necessary with the ongoing transformation in the lighting industry. Signify will support its affected employees through the transition, and provide resources and training to assist them through this difficult period and set them up for future success.”

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?

AM I NEXT? NO LOVE AT CTS

Lisle, Illinois-based CTS, a designer and manufacturer of sensors, actuators and electronic components for the aerospace, communications, defense, medical and transportation industries, has announced that CTS Electronic Components will be laying off 72 employees, including 66 machine positions and 6 supporting positions, in Albuquerque, New Mexico and offshore some operations to Nogales, Mexico.

According to a company spokesperson, "The relocation of the manufacturing line was a business decision. The line produces electrical components used by the U.S. Department of Defense, and the company is unable to disclose further details about those components."

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?