Layoffs are always inevitable at Panduit. I was laid off from the company in July 2001. They had three rounds of layoffs that year, both among the warehouse staff and office staff. Panduit has gone through at least three additional rounds of layoffs between 2002 and 2008; they lay people off in good times and in bad. The company also has a tendency to let people go after they've been with the company for a long time, and they also find ways to let people go if they have had medical problems, whether those problems affect their ability to do their job or not.
Unfortunately, Panduit will survive because they are one of the few large employers in the south suburbs. They will always find people to work there because they are conveniently located, but that doesn't mean it's a good place to work.