AM I NEXT? NO LOVE AT BANG ENERGY

Weston, Florida-based Bang Energy, a maker of energy drinks, has announced a pre-sale reduction in force as it prepares to sell the company to Corona, California-based Monster Beverage Corp, a unit of Coca-Cola.

The reduction in force will impact 463 employees in Weston, Florida, between September 3, 2023 and September 10, 2023.

According to a company spokesperson, “As many of you may already be aware, Bang Energy has recently been acquired by another company, which marks the end of my journey with this remarkable organization.”

The brand owner, Vital Pharmaceuticals, filed for Chapter 11 bankruptcy protections in October 2022.

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 MONARCH BEVERAGE

Am I Next? Monarch Beverage acquisition and layoffs.


Indianapolis, Indiana-based Monarch Beverage,Indiana's largest distributor of beer and wine, has announced that the company will be laying off 633 employees commencing in December, 2020. The decision was driven by the company's acquisition by Rosemont, Illinois-based Reyes Beer Division. the largest beer distributor in the United States.

“Monarch Beverage Company has been family-owned and locally operated since 1947, and the team has serviced our customers and communities with pride over the past 73 years,” said Monarch’s Chief Executive Officer Phil Terry. “This acquisition represents the coming together of two great long-standing family-owned businesses. Reyes Beer Division is a proven industry leader, and we are confident that they will be a great distributor for the state of Indiana and lead the business to further success.”

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?