AM I NEXT? NO LOVE AT SERVICETITIAN

Glendale, California-based ServiceTitan, a cloud-based software company that provides scheduling dispatch marketing and financial management services to contractors and other home service businesses. has announced an 8% reduction in its workforce.

It is estimated that the reduction in force will impact between 225 and 500 employees although the company declines to provide further details.

According to a company spokesperson, The layoffs were a result of the ongoing impact of the COVID-19 pandemic which has hit the home services industry particularly hard Many homeowners have postponed nonessential repairs and upgrades leading to a significant decline in demand for Service Titans services. According to CEO and cofounder Ara Mahdessian the company is well positioned to weather this storm and emerge even stronger He has emphasized that the company is investing in technology that will and remote services which could help maintain its competitive advantage and stay ahead of the curve as the industry continues to evolve."

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 CHOWNOW

Culver City, California-based ChowNow, an online food ordering platform that connects customers with local restaurants, has announced a major cost-cutting initiative.

Approximately 100 employees were impacted across the onboarding, operations, and sales teams.

According to a company spokesperson, “We, like every company, plan our annual budgets far ahead of the upcoming year. The budget we planned for 2022 was large and ambitious. Since then the economy and capital markets have changed, and so it’s prudent that we adjust as well."

"We made the difficult decision to lay off team members this week. We are deeply grateful for their contributions and they will receive our full support during this time of transition. These actions are never taken lightly, but we believe they are necessary in order to ensure the long-term sustainability of the company and our commitment to supporting local restaurants.”

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?