Business

Christmas Brings Bad News for Morgan Olson Employees as the Company Announces Layoffs.

Christmas Brings Bad News for Morgan Olson Employees as the Company Announces Layoffs.

This Christmas will bring layoffs for the employees of Morgon Olson. The company decided to lay off around 900 workers just three days before Christmas.

The layoffs will be made at various plants of the company. The number of employees to be laid off is indicated before the location below:

  • Ringgold, Virginia: 435 workers
  • Loudon, Tennessee: 290 workers
  • Sturgis, Michigan: 183 workers

The company announced the layoff through the WARN Act System. WARN stands for Worker Adjustment and Retraining Notification.

Morgan Olson is well-known for building heavy vehicles for important customers like UPS, FedEx, and Aramark.

Major parcel delivery companies’ delays in issuing purchase orders for new vehicles are the main cause of the layoffs. The company’s plan to respond to the brief decline in market demand includes layoffs.

Anticipating a rebound in consumer demand for parcel transport vehicles and new product offerings, the company has declared its plan to maintain production at all locations.

Leave a Reply

Your email address will not be published. Required fields are marked *