AM I NEXT? NO LOVE AT OMNICELL

Santa Clara, California-based Omnicell, a provider of medication management solutions and adherence tools for healthcare systems and pharmacies, announced its intentions to reduce its workforce by 9%.

The reduction in force will impact 350 employees.

According to a company statement, "Omnicell committed to a plan to reduce the company's headcount as part of its expense containment efforts being implemented due to ongoing macro-economic headwinds. The company expects to reduce its workforce across a majority of its functions affecting approximately 350 employees, representing approximately 9% of the company's workforce."

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 CEREBRAL (03/01/23)

MARCH 1, 2023 — 15% OF THE WORKFORCE TARGETED

Cerebral has announced plans to cut 15% of its workforce, an estimated 285 employees in a third round of layoffs in less than a year as it struggles to contain costs.

A spokesperson noted that the layoff decision is the culmination of Cerebral's efforts to reorganize the company to "refocus on the most important service offerings for our patients."

OCTOBER 31, 2022 — Original post…

San Francisco, California-based Cerebral, a telemedicine company specializing in providing remote mental health services, has announced an operational restructuring with a major 20% reduction in force as a response to reduced patient demand and lower growth estimates.

The layoffs will impact approximately 400 employees

According to Cerebral CEO Dr. David Mou,"Changes would be spread across all divisions, including headquarters, clinical-care teams, and support staff. These are challenging times for many companies. In order to continue to work towards our mission, we have a duty to our patients to ensure our business is healthy and sustainable throughout challenging economic times.”

The company, which advertises on social media platforms, has been under investigation by the Drug Enforcement Administration and the Department of Justice over its prescribing of controlled substances like Adderall and Xanax. "Cerebral offers therapy and counseling for conditions like anxiety, insomnia, and ADHD. Unlike some other online mental health services, it also offers prescriptions for controlled substances used to treat some of those conditions."

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 UNIVERSITY HOSPITALS

Cleveland, Ohio-based University Hospitals, an academic medical center and community hospital network operating in Northeast Ohio, has announced a major reduction in force.

The headcount reduction will impact 117 administrative employees and eliminate 326 unfilled positions.

According to a hospital statement, "University Hospitals, as well as a large number of other hospitals in the region and across the nation, is facing an economic downturn that began with a resurgence of COVID-19 cases earlier this year and has been compounded by several other factors, such as supply chain issues, record-high inflation, and an unprecedented workforce shortage. These have made 2022 one of the most financially difficult years for health systems in the U.S."

"Adding to these challenges are shifting demographics in Northeast Ohio, resulting in a higher percentage of patients on Medicare and Medicaid, federal insurance programs which have not kept pace with the rising costs of care. Although these actions are difficult, they will make UH stronger now and for decades to come in our continuing service to the community."

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?