Thread regarding Terex Corp. layoffs

Layoffs at Terex

Yes, they’re laying off workers at Terex. They had company wide layoffs Feb 2019 and more will be laid off if they can’t sell all the inventory they produced in 2018. Terex is the most ill managed company I’ve worked for in 20 years. JLG will eat there lunch

What layoffs are you talking about in February? There were the usual one or two people, but nothing company wide that I have noticed.

by
| 3975 views | | 5 replies (last )
Post ID: @OP+XXeisxN

5 replies (most recent on top)

Join Genie and within 90 days you too can can get access to exclusive annual layoffs!! If you like looking over your shoulder once or sometimes 3 times a year, look no further!

by
|
Post ID: @aPxdp+XXeisxN

On may 1st Terex laid off 140 workers in South Dakota, alot of those workers had been with the company for 10 years or longer, now they are slowly hiring back for lesser wages just to save the company money but losing alot of hands on knowledge

by
|
Post ID: @7ybgn+XXeisxN

Worked there from 2006-2018. It used to be an enjoyable company to work for. Each layoff that happens, your co-worker you grew to knew is no longer there, xmas parties and giveaways became free lunch days, bonuses get smaller by the year, not as huge as 2007. Most companies these days don’t practice what they preach, until someone gets hurt. Quarterly meetings are just shows to put on for the big bosses. The genie meaning of family slipped away as the years progress. Growth within the company was not worth to stay any longer. I recommend it only to learn what you can and get out.

by
|
Post ID: @Akna+XXeisxN

Terex, like many manufacturing companies, is cyclical on the manufacturing side. This happens when the companies that purchase this type of equipment are not buying. The companies that purchase this type of equipment purchase in large volume so when they are done replacing old equipment this is what happens. It's normal and part of this type of manufacturing. Terex, however, is hiring in other divisions and locations. It is a diverse company considering what they do.

by
|
Post ID: @mwiy+XXeisxN

They made the announcement TODAY at the bldg 7 in Redmond that they will be reducing the workforce to match the production demands, which has not been very demanding these days.

by
|
Post ID: @ldcm+XXeisxN

Post a reply

: