Location: Cinnaminson, NJ.
Based on news reporting.
TransAxle Cinnaminson is set to close its operations after nearly 50 years, resulting in the layoff of all its South Jersey employees. Approximately 50 employees will be affected by this closure, which marks the end of the company's long-standing presence in the region. The decision comes as part of a broader restructuring effort, and the layoffs are effective immediately. This closure highlights the challenges faced by the company in maintaining its operations in a competitive market.
TransAxle Cinnaminson cut 50 jobs as of October 1, 2023.
LayoffTalk has tracked 8 layoff events at TransAxle Cinnaminson since October 2023, affecting a combined 858 employees.
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.