AM I NEXT? NO LOVE AT APPLE (04/06/24)

Am I Next? Layoffs at Apple — Project “Titan” - Self-driving vehicles.

APRIL 6, 2024 — 614 EMPLOYEES

Following the cancellation of its secretive, self-driving EV project, Apple is laying off 614 employees located at eight satellite offices in Santa Clara, California, effective May 27, 2024.

JANUARY 14, 2024 — 121 EMPLOYEES IN SAN DIEGO, CALIFORNIA

Apple has announced plans to close its Data Operations Annotations Goup’s office in San Diego, California.

121 employees who evaluate Siri customer responses and help improve the accuracy of the system will be laid off if they do not accept a transfer to its unified Siri operations in Austin, Texas.

AUGUST 18, 2022 — 100 CONTRACTORS GONE

Apple has laid off approximately 100 contracted recruiters as the company executes a cost-cutting initiative.

MARCH 6, 2019 — Original post…

Cupertino, California-based Apple Corporation has confirmed that it laying off 190 employees from the secretive “Project Titan,” Apple’s self-driving car project. Impacted are eight facilities in Santa Clara, California, and Sunnyvale, California. Most of the workers to be laid off are classified as engineers, including 38 engineering program managers, 33 hardware engineers, 31 product design engineers, and 22 software engineers.

With no production vehicles in the pipeline until at least 2023, it is unknown what the future holds for Project Titan and other workers.

This appears to repeat January’s (2019) layoffs of over 200 Project Titan employees. It appears that there is some reorganization afoot, but nobody is leaking details.

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 ... are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT SIGNET JEWELERS (03/29/23)

Am I Next? Mass layoffs at Signet Jewelers

MARCH 29, 2023 — CLOSING BLUE NILE‘S SEATTLE, WASHINGTON FULFILLMENT CENTER WITH 119 LAYOFFS

Signet has announced that it will reduce duplicative fulfillment center services to centralize these services within its existing New York City fulfillment center. The company will close the direct-to-consumer diamond brand Blue Nile’s fulfillment center in Seattle, Washington, and lay off 119 employees.

APRIL 9, 2019 NORTH TEXAS MANUFACTURING FACILITY TO BE CLOSED

The company has announced that it will shutter its North Texas manufacturing facility and lay off 180 employees in two phases.

According to a company spokesperson, “We have evaluated consolidation in key areas of our business, seeking to understand production capacity, cost, and efficiency across our operations and distribution. The result of that review led Signet to the decision to close the North Texas manufacturing facility. Signet will fully transition its operations activities to its existing facilities in Akron, Ohio, by June 2019.”

FEBRUARY 27, 2019 — Original post…

Akron, Ohio-based Signet Jewelers, the parent company of such branded jewelry chain stores as Kay Jewelers, Jared Jeweler, and Zale’s, and the largest retailer of diamond jewelry, is offering voluntary buy-outs to approximately 3,490 corporate store support employees, 2,600 employees in Fairlawn, Ohio and 890 employees in Dallas, Texas, prior to mandatory layoffs.

The decision is being driven by the company’s “Path to Brilliance” restructuring program.

According to a company spokesperson, “What we've announced today is a voluntary transition program that will allow eligible team members to go ahead and make an application to leave the company with certain benefits.

Also curtailed are merit bonuses in both locations. Store personnel are not eligible to participate in the program.

CEO Virginia C. Drosos noted in a memo to employees, “We have critical efforts going on in real estate to reduce rents, merchandise to reduce cost of goods, indirect spending savings, and many more. But we also need to make some hard decisions to get Signet where we need to be. We are hopeful that we can achieve the cost savings we need in this voluntary way, but we may need to make further headcount reductions to free needed funding for investments. I hope you can understand this action was taken to prioritize our people and minimize the savings needed through headcount reductions where possible.”

“We are hopeful that we can achieve the cost savings we need in this voluntary way, but we may need to make further headcount reductions to free needed to fund critical investments in our Path to Brilliance transformation plan and drive sustained growth.” Store employees are not eligible for the buy-out program.”

There is little doubt that the company is suffering the effects of sexual harassment claims involving the previous CEO and key executives, a weak 2018 holiday season, and declining share prices.

“In announcing holiday sales, Drosos commented, "Our holiday season performance fell short of our expectations. Early improvements in refreshed merchandise assortment, digital marketing, and OmniChannel were more than offset by larger-than-expected declines in legacy product lines. In addition, the competitive promotional environment we saw early in the season intensified in December, and, despite our increased promotional investments, we experienced reduced traffic during key December gifting weeks. Combined with higher than expected credit costs, these factors negatively impacted our profitability."

“These holiday results reinforce the need to take even faster action to improve our financial and operational performance. We will move decisively to improve profitability through aggressively optimizing our cost structure and continuing to right-size our store base, as well as more effectively managing our inventory. As we enter the second year of our Path to Brilliance transformation, we expect to accelerate initiatives to enhance our product assortment, marketing personalization and analytics, promotional effectiveness, service offerings, and e-commerce to deliver a more seamless and engaging OmniChannel customer experience.”

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 DECKERS OUTDOOR CORPORATION

Am I Next? Deckers Outdoor to close Camarillo, California distribution facility.

Goleta, California-based Deckers Outdoor Corporation, a footwear designer and distributor, has announced that it was closing its Camarillo, California distribution center and warehouse resulting in the permanent lay off of 99 employees. It is believed that operations will be transferred to the recently enlarged Moreno Valley warehouse and distribution center.

The decision should not come as a surprise to employees as the company has an ongoing multi-year restructuring plan which included provisions to “consolidate certain United States distribution center operations. According to the company’s Securities and Exchange Commission filings, “In general, the intent of this restructuring plan is to streamline brand operations, reduce overhead costs, create operating efficiencies, and improve collaboration across brands.” Some of the company’s brands include Ugg, Teva, Sanuk and Hoka One One.

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 ... are you now wondering, Am I Next?