Charlotte, North Carolina-based Cardinal Innovations, a managed healthcare network specializing in intellectual or developmental disabilities, mental health, or substance use disorders (IDD/MH/SUD), has announced the closure of its Charlotte, North Carolina office.
The closure will affect 225 employees in Charlotte, North Carolina with the first layoff of about 175 employees on December 24, 2021, and the remaining employees at phased intervals from January 1, 2022, to March 31, 2022, when the Mallard Creek office is closed.
According to a company statement, the decision was driven by the company's pending acquisition by Asheville, North Carolina-based Vaya Health. The acquisition is scheduled to close by December 31, 2021.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?