AM I NEXT? NO LOVE AT JEFFERSON HEALTH (10/18/25)

OCTOBER 18, 2025 — HUNDREDS TARGETED

Jefferson Health is planning a 1% reduction in force, approximately 600 to 700 employees.

CEO Joseph Cacchione noted, “Like many organizations in health care and higher education, we are facing significant financial headwinds. To sustain our mission and continue serving our communities, we must take thoughtful, strategic actions to align our operations for the future. While these decisions are never easy, they are necessary to ensure Jefferson remains strong and able to invest in expanding access to care, advancing innovation, and supporting those who rely on us most.”

JANUARY 19, 2025 -- 171 EMPLOYEES

The company is laying off 171 employees in March 2025 and outsourcing back-office positions to a third party. The affected areas include billing, insurance preauthorization, and clinical documentation. Many employees are remote workers.

According to a spokesperson, “Following a thorough review, we are transitioning a limited number of non-patient facing administrative functions to an external partner to enhance efficiency. We are providing resources to support impacted colleagues who do not secure new roles within the organization.”

AUGUST 10, 2023 -- Original post…

Philadelphia, Pennsylvania-based Jefferson Health, a multi-state non-profit health system, has announced a major reduction in force.

The personnel action will impact approximately 400 employees or 1% of the workforce, mostly among corporate and administrative employees.

According to Jefferson's CEO, Joseph G. Cacchione, "This decision was not made lightly, and Jefferson is not alone in needing to make this challenging choice. As has been widely reported, there are incredible financial pressures on healthcare and higher education organizations across the country. There are decreased patient volumes at the same time as double-digit increases in costs, and the economic models that support many payer-provider relationships do not yet reflect all the ways the environment is changing.

"Our ability to be sustainable now and in the future is critical to serving all of our communities, including those with the most need but less access to high-quality care. We are focused on continuing efforts to optimize and integrate our operations in ways that allow us to stay true to our focus on quality patient care, education, research, safety, and health equity."

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 EXTRA SPACE STORAGE

Salt Lake City-based Extra Space Storage, a fully integrated, self-administered, and self-managed real estate investment trust, that owns and/or operates self-storage properties, has announced a merger-related reduction in force.

The reduction in force will impact 150 Life Storage employees located in Buffalo, New York, and occur between July 20, 2023 and October 15, 2023.

According to Extra Space Storage CEO Joe Margolis, "We are prepared for the smooth integration of Life Storage, and we believe this combination gives the combined company an even more formidable portfolio, team, and platform, with over 3,500 stores across 43 states. We are confident we will achieve at least $100 million in underwritten annual run-rate synergies, and that we will unlock additional synergies resulting from our increased scale."

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 ERICSSON

Stockholm, Sweden-based Ericsson, a multinational networking and telecommunications company, has announced it is outsourcing all U.S. field service operations to third-party providers and will be conducting a major reduction in force.

The reduction in force will impact 750 employees with a planned separation date of September 29, 2023.

According to a company statement, “Since the inception of our field service delivery business in 2015, we have consistently worked with trusted and authorized external providers. Ericsson’s delivery of network services, from site design and engineering to continuous preemptive support and network optimization, will not change. The self-perform capability proved critical for us to accelerate local service delivery capabilities during the peak of the 5G cycle, with quality and an unwavering commitment to safety, setting a new standard for tower technicians in the U.S. However, with the downturn in market demand, we can no longer justify the cost this unique capability represents.”

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?