AM I NEXT? NO LOVE AT BADGER TRANSPORTATION SERVICES

Madison, Wisconsin-based Badger Transportation Services, an operator of transportation services, including school bus fleet operations, has announced a reduction in its workforce.

The reduction in force will impact approximately 200 employees and was driven by the loss of a student transportation contract with Madison Metropolitan School District for the 2023-24 school year. Layoffs will commence on August 18, 2023.

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 EMBARK TRUCKS

San Francisco, California-based Embark Trucks, a robotics technology company concentrating exclusively on the software and associated services that power self-driving trucks, has announced a reduction in force. The company appears to be in financial distress.

The personnel adjustment will impact 230 workers. “The decision was based on cost-reduction initiatives intended to reduce operating expenses."

According to the statement filed with the SEC, "On March 1, 2023, the Board of Directors of the Company approved a process to explore, review and evaluate a range of potential strategic alternatives available to the Company, including, without limitation, exploring alternative uses of the Company’s assets to commercialize its technology, additional sources of financing, as well as potential dissolution or winding up of the Company and liquidation of its assets. The Board’s decision comes following an extended evaluation by the Company of alternative markets in which to commercialize its technology as well as an exploration, performed with the assistance of a financial advisor, of a potential sale of the Company."

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 NFI GROUP / MCI MOTOR COACH

Winnipeg, Canada-based NFI Group, a multinational bus manufacturer, has announced that it planned to close its Motor Coach Industries (MCI) bus plant in Pembina, North Dakota, in June of 2023 as part of its cost-containment program.

The closure will impact 200 employees

According to NFI acting President and CEO Brian Dewsnup, "The closure of our Pembina facility follows a detailed review of our manufacturing footprint, combined with the planned cessation of a legacy motorcoach vehicle product, and prior investments in expanded production and workforce development at our Minnesota facilities. It is never easy to close locations and impact the lives and careers of our people, and we will do our best to redeploy or assist them in finding alternative employment where possible. These decisions, while difficult, best position NFI to serve our coach customers, better match production capacity with labor availability, and improve the flexibility of our overall North American footprint on our path to achieving our 2025 financial targets."

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?