NO LOVE AT PITTSBURGH GLASS WORKS

Am I Next? Layoffs and Plant Closure at Pittsburgh Glass Works

Pittsburgh Glass Works, a division of Mexico-based Vitro, announced it would shutter their Creighton facility in mid-2018 and lay off about 200 employees in Deer Park, Pennsylvania. It is anticipated that some of the business will be transferred to PGW's facility in Evansville, Indiana. 

Vitro purchased the 135-year-old facility from the iconic PPG, Pittsburgh Plate Glass, in 2016. This was PPG’s original glass plant known as “Works No. 1” and established in 1883. 

Management cited a combination of difficult realities in making the decision to close the facility; including a cumbersome and inefficient two-story footprint, excess capacity, and an inability to meet the auto industry's increasing technological demands for automotive glass, and would require significant upgrades and improvement to remain competitive. Not to mention the long-term fire burning in the coal layers located under the plant necessitating costly safety measures. 

This is a major blow to the employees, the surrounding businesses, and the township.  

Are you asking yourself, Am I Next?

DANGER AHEAD: T-MOBILE -- SPRINT MERGER (UPDATED)

Am I Next? T-Mobile Sprint Merger Layoffs

UPDATE: JULY 17, 2019 SPRINT’S BOOST MOBILE INITIATES LAYOFFS

Published reports claim that Sprint has laid off the marketing staff for its prepaid card offering known as Boost Mobile.

While no numbers or locations were provided, the company did issue a statement that noted, "To enhance our efficiency and nimbleness while we continue to aggressively compete in the Prepaid Wireless industry, we recently made some organizational changes to ensure our Prepaid business is structured appropriately."

It is believed that Sprint is preparing to divest Boost Mobile and other assets to meet regulatory demands. Many believe that Dish Network may be the purchaser.

UPDATE: AUGUST 28, 2018 COMMUNICATIONS UNION WARNS FCC OF MASSIVE JOB LOSS

The Communications Workers of America has notified the Federal Communications Commission that Sprint's planned merger with T-Mobile could result in layoffs of an estimated 28,000 employees without benefiting customers, primarily by eliminating the competition between the two entities.

Original Post...

The consolidation and convergence in the mobile communications space continues with the merger of T-Mobile and Sprint into a single entity, retaining the T-Mobile name and  valued at $146 billion.  And, it is all about the creation of a 5G network that will require billions of dollars and a totally different infrastructure.  John Legere, the current T-Mobile USA chief executive officer will lead the new entity which will be jointly based in both Bellevue, Washington and Overland Park, Kansas – which will probably be a future target of consolidation. The company will continue to be controlled and directed by Deutsche Telekom which owns two-thirds of T-Mobile.

While there will be significant employment opportunities for those capable of building out the 5-G network, there is little or no doubt that there will be a significant periods of assimilation, integration, and consolidation as duplicative functions are eliminated to achieve the cost-savings anticipated by merger and demanded by the investors. 

For those who are not familiar with the generations in wireless communication as codified in various standards: the first generation was analog; the second generation included such technologies as CDMA (Code-Division Multiple Access ), GSM (Global System for Mobile communication), and TDMA (Time-Division Multiple Access); the third generation included EVDO (EVolution-Data Optimized), HSPA (High Speed Packet Access ), and UMTS (Universal Mobile Telecommunications System), the fourth generation included WiMAX ((Worldwide Interoperability for Microwave Access) and LTE (Long-Term Evolution); and now the fifth generation standards including Massive MIMO (Multiple Input Multiple Output). The end result will be a more resilient network capable of greater speeds, more responsive behavior (lower latency) and the ability to connect more devices – enabled devices in addition to mobile phones.

Am I Next? 5th Generation Mobile Logo

Like the various internet organizations and working groups, the cellular industry has decided to follow suit with an organization known as 3GPP (3rd Generation Partnership Project) which is comprised of the major telecommunications standards development organizations and working groups. The 3GPP has introduced a 5G logo – even though various companies may implement the 5G standard using different technologies. According to 3GPP the logo is described as having “a new wave pattern, but is a development of the existing LTE waves, using the green of the LTE-Advanced Pro version. The idea is to keep a familiar design aspect with the use of plain black text and textured waves, but to make the logo stronger and sharper – ready for use on the new radio and next generation core specifications for 5G.”

Forewarned is forearmed. It is now time to consider upgrading skills and considering lateral transfers into groups associated with technological progress. While there will be a requirement to maintain the older systems for a while, look for those maintenance groups to shrink and consolidate over time. 

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?

AM I NEXT? NO LOVE AT NIELSEN MEDIA RESEARCH (UPDATED)

UPDATE: AUGUST 13, 2018 ACTIVIST AT NEILEN

Am I Next? Activist investor puh

According to published reports in the Wall Street Journal and elsewhere, activist Elliot Management now owns more than 8% of Nielsen and is attempting to pressure the company to put itself up for sale.

Several private equity firms, perhaps Elliot Management included, sense a quick restructuring and a big profit to be made. It goes without saying that cost-cutting and a reduction-in-force will follow as the night follows the day. This will not be the first time Nielsen has been it play as it was privatized by equity firms in 2006, apparently with an exit strategy that saw the company go public again in 2011. The handwriting is clearly on the wall.

Am I Next? Nielsen Media Layoffs

Original Post...

Technology giveth and taketh away …

Few should be surprised that Nielsen Media Research, the iconic media measurement service, plans to lay off at least 724 employees in two Florida location as they transition between the use of paper diaries to record user’s habits and preferences to a fully electronic system. Nielsen will be closing its North Venice, Florida Diary Checking Center with 396 employees being permanently laid off. The remaining 52 employees will be transferred to Nielsen’s Sarasota, Florida office. 328 workers will be laid off at Nielsen’s call center in Oldsmar, Florida. 

As consumer devices become web-enabled and can transmit user data to centralized servers, Nielsen’s business model will continue to change forcing Nielsen to purchase data from third-party sources or modify its equipment to intercept and scrape user data from existing devices. There is an upcoming battle between consumers and technology vendors to define which user usage data can be accessed and sold to third-parties under the guise of “improving the user experience” or “precise targeting” to deliver relevant advertising.

Are you asking yourself, Am I Next?