Location: Cinnaminson, NJ.
Based on news reporting.
TransAxle Cinnaminson, a truck parts distributor, is set to close its operations after 46 years of service. The closure marks the end of an era for the company, which has been a staple in the Cinnaminson community. While specific details regarding the number of employees affected have not been disclosed, the decision to cease operations indicates significant workforce reductions are imminent. The company has not provided a timeline for the closure, leaving uncertainty for its employees and stakeholders. This move reflects broader challenges in the industry, impacting local employment and the economy.
TransAxle Cinnaminson cut 129 jobs.
LayoffTalk has tracked 8 layoff events at TransAxle Cinnaminson since October 2023, affecting a combined 858 employees.
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Estimated figure based on news reporting. Not yet confirmed by TransAxle Cinnaminson.
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