Image Source: Lincoln Electric According to a story with PBS, Cleveland-based Lincoln Electric is one of the few companies that can make both claims. There aren’t very many companies that can boast never laying off a single employee for financial reasons since the end of the Second World War. And then again, there aren’t very many companies that can boast making a profit for all but two of those years of its existence as a company. At a time when companies are not only suffering the loss of profits and workers but closing up shop too, Lincoln Electric has sustained.