At this juncture, it's only impacting hourly employees (production workers). When I started here 10 years ago, there were over 1200 employees on site. Now, after the startup of the Singapore plant, the movement of product to that site for obvious financial benefits has left our plant with about 522 employees now.
Thats > 50% reduction in less than 10 years. For a town of ~100,000 people, 500 jobs is kind of big. No worries for most, though, the un-employment rate in this town is close to zero, if you want a job, they are available in most cases.
Our lay-off policy with hourly workers is very black and white, using seniority as the cutoff. This caught anyone that had hired on the last 7.5 years. This plant has been around since mid 70's, so the original people that are here have 30+ years seniority.
As rumors go, they usually have some shred of truth. The rumor about this layoff came out last week and said 70 employees. It was correct, and the 3M employees lost were 46, in addition to that, there were 25 temporary workers that were let go as well... 71... I'd say that rumor was pretty on the mark.
Next rumor is that they will evaluate in January again and if things don't bounce back, they will look at another cut, and at that time they will look at salaried positions as well (supervisors/managers/engineers/administrative). I feel relatively safe. The way that they cut salaried is that the individuals typically meet the following:
1. poor performance reviews
2. On corrective action (does happen occasionally - may be associated with #1)
3. Job elimination - you don't want to be in a middle management type position in these times - that layer can be wiped out
4. (can't remember)
Missouri is a no - fault state anyway, so it really doesn't matter. But, I'm thinking that moving into a new job (just posted) means that I'd have some legal ramifications if they eliminated it soon after they allowed me to fill it. I have had good performance reviews, and pretty much go with the flow. The business that I'm associated with is closely tied to US and Europe, so the movement to Asia is less pressure. We make electrical connectors vs. flexible circuits on the other side of the plant, which is more electronics / cell phones / etc.