That's pure speculation that they are upgrading and retooling. Are you basing that on any evidence such as stockholder reports?
Remember many companies in the US no longer manufacture on US soil so there is little to retool. If they are getting benefits for such streamlining, then reporting layoffs would not happen since they don't need to report laying off 100 Canadians or 100 Mexicans (I'm only using NAFTA for the moment, but that holds true for CAFTA and SE Asia manufacturing as well.)
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