Arcade, New York-based Pioneer Credit Recovery, a subsidiary of Navient Corporation that specializes in collecting defaulted government debts, including federal and state loans and taxes, has announced a contract loss, leading to a reduction in force in Moorestown, New Jersey.
The contract loss will impact 180 employees, commencing on March 31, 2026, and including 94 call center workers, 48 caseworkers, 29 managers, and 4 administrators.
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?
