AM I NEXT? NO LOVE AT BAYER HEALTHCARE

 Am I Next? Layoffs at Bayer HealthCare in Berkeley, California.

German pharmaceutical giant, Bayer HealthCare has announced that it will be terminating an additional 227 manufacturing, quality, supply chain, warehouse and engineering jobs at its Berkeley, California facility to realign its manufacturing capabilities to meet the demands of its Hemophilia A treatment products.

The Berkeley facility, the only unionized manufacturing company in the biotech space, will be reducing its Kogenate production for some world markets as it promotes its two newer hemophilia A drugs, Kovaltry and Jivi, which are also made at the Berkeley facility. Approximately 200 positions have already been eliminated voluntarily throughout the year. And, additional cuts may be forthcoming as Kovaltry production is shifted to a new plant in Germany in a few years.

According to a Bayer spokesperson…

“Bayer’s longstanding commitment to the hemophilia community drives our continued investment in discovering and developing innovative therapies for patients living with this life-long disorder.

Berkeley has been Bayer’s biotechnology manufacturing hub for more than 40 years, serving hemophilia patients in nearly 80 countries around the world. This site is responsible for producing all three of Bayer’s rFVIII therapies, including the Jivi, which was recently approved in the US and Japan. We are deeply proud of the innovation that these medicines bring to our patients.

The manufacturing processes for these products must also be robust and efficient to ensure product safety, reliable supply, and to remain competitive in support of new therapies that position the long term viability of the site. Our transition into commercial production with three products has resulted in the need for organizational changes to enable these efficiencies, and today we notified 227 employees that their positions were being eliminated as part of this reorganization.

This decision will not impact product availability as we remain committed to providing a portfolio of treatment options to serve the individual needs of the hemophilia community.

We have the utmost appreciation for the employees affected by this reorganization, and will ensure that we manage their transition in the most respectful and thoughtful manner that we can.”

Are you wondering, Am I Next?

AM I NEXT? GOOGLE PLUS SHUTTING DOWN

 Am I Next? Google Plus Shutdown — Layoffs Probable

Imagine that a major portion of your business is linked to Google’s Google Plus social media platform and you received the following message from Google’s Vice President of Engineering, Ben Smith…

”The review did highlight the significant challenges in creating and maintaining a successful Google+ that meets consumers’ expectations. Given these challenges and the very low usage of the consumer version of Google+, we decided to sunset the consumer version of Google+.”

To give people a full opportunity to transition, we will implement this wind-down over a 10-month period, slated for completion by the end of next August. Over the coming months, we will provide consumers with additional information, including ways they can download and migrate their data”.

As an employer, you may be losing a significant source of your business and with it the type of reduced revenue that demands you layoff employees. As an employee, the handwriting is on the wall and you can see a future disruption in the business which may jeopardize your job.

Therefore, you may want to assess your company’s dependence on social platforms and prepare for a future when that platform is no longer viable.

And, for the Google employees associated with the development, maintenance, and sales related to the Google+ platform, keep a close eye on the business because layoffs are eminent.

AM I NEXT? NO LOVE AT MOVEMENT MORTGAGE

 Am I Next? Layoffs at Movement Mortgage.

In the third-round of cuts in 2018, Fort Mill, South Carolina-based Movement Mortgage has announced that they will lay off 180 back office and support personnel at locations in Fort Mill, South Carolina, Norfolk, Virginia, Richmond, Virginia, Tempe, Arizona. This was preceded by 100 layoffs in May 2018 and 75 layoffs in February 2018.

CEO Casey Crawford explained that the decision for further cuts was made “in response to a nationwide downturn in the housing and mortgage market, lower mortgage origination forecasts for 2019, rising interest rates and low housing inventory. This was a very difficult decision because it affected teammates we love. We are incredibly grateful for their contributions. We believe we’re taking the necessary steps to continue to provide outstanding service for our customers, loan officers and communities long-term by adjusting to the reality of the mortgage business today. We’re prepared for the future and expect to continue making a positive impact in our industry, corporate culture and communities in the years ahead.”

Look for downsizing in the back office support areas of all major financial sectors.

Are you wondering, Am I Next?