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?

AM I NEXT? NO LOVE AT COMMUNICATIONS TEST DESIGN, INC.

Chester, Pennsylvania-based Communications Test Design, Inc., a provider of electronic device design, manufacturing, repair, and delivery services to device manufacturers and distributors, has announced that it will lay off 119 employees from is Lincoln, California facility co-located with the Verifone warehouse.

70 employees were laid off immediately and another 49 employees were scheduled to be laid off on November 9, 2020. This layoff follows the company's layoff of 128 people from its Lincoln location last year in October 2019 concurrently with a Verifone layoff.

It is believed that cutbacks were the result of reduced demand from Verifone which was acquired by San Francisco, California-based Francisco Partners in 2018.

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 NATIONAL INSTRUMENTS (NI)

Austin, Texas-based National Instruments, a producer of automated test equipment and virtual instrumentation software, has announced a 9% reduction in force to meet the business challenges of the COVID-19 pandemic. Approximately 650 employees are impacted by the decision, including approximately 200 employees located in Austin, Texas.

NI CEO, Eric Starkloff, noted, "We have and will continue to take a broad range of actions to ignite growth. Building on our unique software position, we believe we have the opportunity to once again modernize and disrupt our industry. We remain focused on execution in the areas of our business that can drive our growth even within the constraints of an overall weaker spending environment. The actions we are taking, on both reductions and investments, are focused on achieving long-term growth.”

“Our customers have felt the economic impact created by the COVID-19 pandemic, and so have we. We now know that the global recovery will be longer and more gradual than just about anyone initially predicted.”

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?