Location: Cinnaminson, NJ.
Based on news reporting.
TransAxle Cinnaminson has announced plans to lay off hundreds of employees as part of a shutdown. The company is expected to cut approximately 300 jobs due to operational changes. This decision comes amid broader challenges faced by the company, which has been struggling to maintain its workforce. The layoffs are part of a restructuring effort aimed at addressing financial difficulties. Specific details regarding the timeline for these layoffs have not yet been disclosed.
TransAxle Cinnaminson cut 300 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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