AM I NEXT? NO LOVE AT AMERISOURCEBERGEN

Am I Next? AmerisourceBergen to close Valencia, California distribution center.

Chesterbrook, Pennsylvania-based AmerisourceBergen, a global drug wholesaler specializing in pharmaceutical distribution services, is continuing its previously announced consolidation and restructuring activities which will include the closure of its Valencia, California distribution center and resulting in the layoff of 108 employees commencing in September, 2019. Operations will be transferred to the company’s other distribution center located approximately 86 miles from Valencia in Corona, California.

According to a company spokesperson, “As part of an ongoing effort to evaluate and align our capabilities to our customers’ needs, we have made the decision to end distribution activities in our Valencia, California, facility. Operations will end by fall of 2019. The contribution of our Valencia associates is greatly appreciated, and this decision was not made lightly.”

The company noted that their operational expenses includes $10.8 million of employee severance, $18.8 million of litigation costs primarily related to opioid lawsuits and investigations, and $30.4 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the three months ended June 30, 2019.

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?