AM I NEXT? NO LOVE AT CARS.COM

Chicago, Illinois-based Cars.com, doing business as Cars Commerce, a centralized data-driven technology platform that simplifies car buying, selling, and research, has announced a cost reduction program, along with process changes and vendor cost optimization, including a 11% reduction in force, to streamline operations and advance its marketplace strategy

The cost containment program will affect approximately 190 employees, including 38 management and executive employees.

Newly installed CEO Tobi Hartmann noted, “Better internal processes and a nimbler organization are essential to accelerate growth. We are grateful to the employees whose contributions have helped shape Cars.com into what it is today, and we enter this next chapter with conviction and a clear path forward.” Tobi Hartmann, the company’s new CEO, said in a statement.

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT YAMAHA MOTOR CORPORATION

Cypress, California-based Yamaha Motor Corporation, a major Japanese manufacturer specializing in motorcycles, marine outboard motors, ATVs, electric motors, and industrial robots, has announced the relocation of their headquarters to Kennesaw, Georgia, with the transition to be completed in phases through 2028.

The move will impact about 250 workers.

According to a company statement, "Yamaha Motor Co., Ltd. is undertaking structural reforms aimed at improving the profitability of its U.S. operations in response to cost increases resulting from U.S. tariffs and changes in the market environment. In addition to implementing cross-business cost reduction initiatives, the Company seeks over the medium to long term to build a profit structure that is not solely dependent on top-line growth, thereby transforming itself into a more resilient and robust organization capable of adapting to change."

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT TRUECAR

Santa Monica, California-based TrueCar, a digital automotive platform that uses technology to help car buyers save time and money through a nationwide network of Certified Dealers, has announced a post-buyback organizational realignment as part of a comprehensive effort to refocus the company to restore profitability and focus on its core mission of saving customers time and money when shopping for a new car.

The reorganization will result in a 30% reduction in its workforce, approximately 120 employees.

According to a company statement, "The organizational changes follow an in-depth operational review following the completion of the company's go-private transaction. The new TrueCar senior leadership team met individually with every employee across the organization to understand each role and how it supports TrueCar's mission. Following that review, TrueCar is right-sizing the business to prioritize quality over quantity, profitability over growth-at-all-costs, and execution over expansion. These changes are necessary steps to build a sustainable organization and complete the turnaround of a historically unprofitable company."

Founder and CEO noted, "This is the hardest part of being a leader. We approached this thoughtfully and deliberately as a necessary step to refocus the company on its mission. As soon as I reacquired TrueCar, I personally met with every single team member to understand where the company is today so we can get on track to becoming a sustainable, mission-based company."

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?