AM I NEXT? NO LOVE AT NEXTGEN HEALTHCARE

Atlanta, Georgia-based NextGen Healthcare, a software and services company that develops and markets electronic health record software and practice management systems to the healthcare industry, has announced a significant reduction in force in early 2024.

The reduction will impact 250 workers, including 84 employees in St. Louis, Missouri, 99 employees in Baltimore, Maryland, and 65 employees in Horsham, Pennsylvania.

The decision appears to be a post-acquisition reduction in force after the company was acquired by private equity firm Thoma Bravo for $1.8 billion.

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 NAVAN

Palo Alto, California-based Navan, an online travel management, corporate card, and expense management company, has announced a restructuring and a 5% reduction in its workforce.

Approximately 145 employees are impacted by the restructuring.

According to a company spokesperson, “Navan has recorded strong growth over the past three years despite the challenges affecting our industry. We are refocusing efforts to move faster toward profitability as we enter the next phase of the company. As such, we have made the difficult decision to reduce the size of our global workforce by 5% to increase operational efficiencies as we continue to reinvent travel and expense through innovation.”

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 FSC EDGE

Omaha, Nebraska-based FSC Edge, a contract provider of document handling solutions, announced its abrupt closure when its sole customer, the United States Patent and Trademark Office, declined to renew its contract.

The closure impacts all 200+ employees and contractors.

According to a company statement, "Without a continuation of the USPTO contract, FSC Edge is unable to continue operations. FSC Edge must now close its business and sever its employment relationship with all its employees and contractors."

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?