Yamazaki Mazak is reducing agency staff at its Worcester site due to a drop in machine tool demand linked to the European economy.
Mazak says the European economy affects tool demand, and they know these economic shifts must be managed sometimes. To handle things, they’re cutting agency staff, planning to rebalance their overall capacity.
Mazak values its contract staff a lot and hopes to rehire them later, depending on European business improvements. The Worcester site has over 900 employees and also holds 15 tech and technical centers.
Mazak began in Nagoya, Japan, in 1919 and started the Worcester site in 1987. This isn’t the first time they have cut spending. Back in 2009, they laid off 59 workers, which was one in ten employees at that time.
The Worcester Mazak plant builds machine tools, makes parts for global customers, and creates their own castings. This includes spindles, turrets, and covers.