AM I NEXT? NO LOVE AT MEDIFAST

Baltimore, Maryland-based Medifast, a nutrition and weight loss company that produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics, has announced a reduction in force.

Approximately 83 employees are impacted by the reduction in shifts at the company's 119,000-square-foot distribution center in Ridgely, Maryland.

Additional jobs at the company's internal Global Call Center Operations team and at its manufacturing facility in Owings Mills, Maryland will also be eliminated.

CEO Dan Chard noted, "While we are focused on driving the long-term success of our business, there’s no doubt that this continues to be a difficult market for many consumer-facing businesses right now. With inflationary pressures continuing to mount, and the related impact on consumer confidence, we’ve seen an effect on product demand."

"The tremendous growth we saw through 2020 and 2021 meant we needed to increase call center support staff and we did so on an accelerated timeframe. With the current and forecasted volume outlook, it’s clear that we need to shift the call center footprint and resources to reflect our business forecast. At the same time, lower volume means that we have reduced operational requirements in our supply chain organization. We have spent time evaluating our supply chain footprint and the best way to balance capacity versus volume. We have come to the decision to eliminate some roles and not backfill others at Owings Mills, as well as reduce the number of shifts at [the Medifast Distribution Center], effective as of July and August."

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 FRIDAY HEALTH PLANS

Alamosa, Colorado-based Friday Health Plans, a healthcare management company supporting the current health insurance environment, has announced plans to lay off its entire Colorado workforce and end operations as the insolvent company enters receivership under the supervision of insurance regulators.

322 employees are impacted by the abrupt closure.

The company cited financial factors that were "not previously reasonably foreseeable" for its abrupt cessation of operations.

Friday Health is also now a member of the Colorado Guaranty Association, meaning that the association will protect providers and consumers with up to $500,000 for each insured if Friday cannot pay its claims.

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 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?