AM I NEXT? NO LOVE AT T-ROC

Coral Gables, Florida-based T-Roc ("The Revenue Optimization Companies") Global, a provider of sales support services to businesses, hass announced a major reduction in force followith the loss of a contract (non-renewal) to sell wireless serices in Walmart in-store locations.

The personnel realignment will impact 302 employees located in Florida and 162 employees in Alabama locations. Positions include managers and sales associates.

According to a company spokesperson, "After many years of successful projects, this particular program has reached its expiration. T-ROC continues to provide multiple services to this client, maintaining a strong partnership that has spanned over 15 years."

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. We see good people being laid off through no fault of their own. 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?

AM I NEXT? NO LOVE AT HIGHSPOT

Seattle, Washington-based Highspot Software, a provider of sales management software, has announced a 15% reduction in force in a second round of layoffs.

The reduction in force will impact 140 employees following a previous 10% (95 employees) reduction in February 2023.

CEO Robert Wahbe noted, "We are well capitalized and currently forecast being cash flow positive next year. Unfortunately, restructuring our business means we lose great people. Our first priority is ensuring those impacted have the time and resources to find new roles. The hard decisions we’re making now will steward our company’s future, but they also impact the lives of the colleagues we’re losing."

“As we look ahead, sales enablement budgets are predicted to increase by at least 50% in the next two years, and we are the technology leader in the category. Today’s changes position us to invest in growth areas such as product and engineering including generative AI — and build a profitable company that delights our customers worldwide.”

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. We see good people being laid off through no fault of their own. 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?

AM I NEXT? NO LOVE AT PODIUM

Lehi, Utah-based Podium, a sales automation and customer engagement platform providing embedded reviews, chat widgets, and text message marketing campaigns for small businesses, has announced a 12% reduction in its workforce.

The reduction in force will impact 144 employees.

Co-founders, CEO Eric Rea and Dennis Steele have noted, "As founders of this business, we understand how painful and personal these changes are for all of you. We accept full responsibility for the decisions that led us here, and we are incredibly sorry to have to make these necessary decisions."

"While we have always been disciplined about unit economics, we are going to need to be even more focused in order to drive the business forward in a macroeconomic environment that is less forgiving. While these are very difficult decisions, they put us in a position where we can control our own destiny."

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. We see good people being laid off through no fault of their own. 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?