AM I NEXT? NO LOVE AT MERATIVE

Ann Arbor, Michigan-based Merative, formerly IBM Watson Health offering products and services that help clients facilitate medical research through the use of artificial intelligence, data analytics, cloud computing, and other advanced information technology, has announced a post-acquisition personnel realignment.

The headcount reduction impacted 250 employees between November 2022 and February 2023.

According to a company spokesperson, "Since becoming a standalone company in July 2022, Merative has evaluated our organization and made changes, and in some cases reductions, to align to our six core product lines. These changes align with our strategic plan for long-term growth. For privacy and competitive reasons, we don't share details about reductions in force."

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 INNOVACCER

San Francisco, California-based Innovaccer, a digital health platform operator that helps its clients connect healthcare data across multiple systems and settings, has announced a 15% reduction in its workforce.

The reduction in force will impact 245 employees.

Co-founder and chief executive Abhinav Shashank, noted “We are taking the much-needed step of doubling down on our core capabilities and streamlining our organizational focus. As a result, we are going to deprioritize certain areas and offerings that distract us from our core portfolio, which will result in a reduction of workforce by approximately 15%."

"Our priority is to fully support the impacted employees, including by offering a generous package, transitional health insurance benefits, and job placement support."

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?