AM I NEXT? NO LOVE AT JABIL (03/17/24)

OCTOBER 13, 2024 — 108 EMPLOYEES IN FLORENCE, KENTUCKY

The company has announced plans to close one of its Florence, Kentucky CAMS facilities, which will affect 108 employees. The decision was driven by a customer’s decision to relocate business out of state."

According to a company spokesperson, “This announcement is in no way a reflection of the hard work and dedication of our employees.”

MARCH 17, 2024 — VANCOUVER, WASHINGTON FACILITY CLOSURE

The company has confirmed the closure of its Vancouver Innovation Center and will lay off 120 employees in May 2024.

The company also announced a significant shift in its business strategy following the sale of its mobile electronics segment to BYD Electronics for $2.2 billion.

OCTOBER 26, 2023 — Original post…

St. Petersburg, Florida-based Jabil, one of the largest providers of contract electronics manufacturing solutions, has announced a continuing restructuring initiative with reductions in the company's workforce.

The reduction in force will impact 140 employees located in Freemont, California, and commencing on November 10, 2023. So far this year, Jabil has announced layoffs totaling 515 jobs, primarily affecting workers in Fremont and Livermore, California. It is not unusual for a contract manufacturer to adjust personnel in response to the status of third-party contracts.

According to a company spokesperson, “We do not anticipate that these employees will return to work in the foreseeable future.”

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?

AM I NEXT? NO LOVE AT TTM TECHNOLOGIES

Costa Mesa, California-based TTM Technologies, a manufacturer of technologically advanced printed circuit boards, and radio-frequency components including microwave/microelectronic assemblies, has announced plans to close selected facilities, including printed circuit board PCB manufacturing operations in Anaheim and Santa Clara, California, and Hong Kong and consolidate the business from these impacted sites into TTM’s remaining facilities.

The closures will impact 240 employees in Santa Clara, California, 102 employees in Anaheim, California, and an unknown number of Hong Kong employees.

According to Tom Edman, President and CEO of TTM Technologies, “Although demand for our aerospace and defense business remains very strong, current macro-economic conditions are causing a softening of demand for our commercial business. This has necessitated the need for us to streamline our manufacturing operations. These are extremely difficult decisions, and we realize these actions will likely have a significant impact on the lives of our dedicated employees at the Anaheim, Santa Clara, and Hong Kong locations. We will work with our employees to assist them through this transition.

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?

AM I NEXT? NO LOVE AT FINISAR

Sunnyvale, California-based Finisar Corporation, a division of Santa Clara-based Coherent, a laser technology company specializing in fiber optic communications, subsystems, and network test systems, announced an operational restructuring leading to a reduction in force at the company's Fremont, California location.

The personnel realignment will impact 108 employees involved in the manufacture of optical communication components and subsystems commencing on May 15, 2023.

According to a spokesperson, “This action is necessary due to a fall in business demand, which prompted a restructuring of operations with a focus on reducing business costs.”

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?