AM I NEXT? NO LOVE AT SMILEDIRECTCLUB

Nashville, Tennessee-based SmileDirectClub, a teledentistry offering direct-to-consumer dentistry and orthodonistry, has announced it has declared bankruptcy and is shuttering its global operations after its failure to raise additional capital and satisfy its lenders.

The shutdown impacts all employees, contractors, and vendors. At one point, the company claimed 6,300 employees and associates.

According to a statement on its website, "SmileDirectClub has made the incredibly difficult decision to wind down its global operations, effective immediately. For new customers interested in SmileDirectClub services, thank you for your interest, but aligner treatment is no longer available through our telehealth platform. For existing customers, we apologize for the inconvenience, but customer care support is no longer available. Thank you for your support and for letting us improve over 2 million smiles and lives."

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 SIBANYE STILLWATER (09/15/2024)

SEPTEMBER 15, 2024 — 680+ EMPLOYEES IN MONTANA

The company announced that it plans to restructure its Montana operations and that operations at Stillwater West would be placed "on care and maintenance.”

According to Executive Vice President Kevin Robertson. “We estimate that this restructure will reduce our total number of employees at our Montana operations from approximately 1,680 on July 31 to just under 1,000 after the layoffs."

DECEMBER 20, 2023 Original post…

Sibanye Stillwater, a palladium and platinum mining company, has announced the restructuring of its U.S. platinum operations to reduce costs and secure sustainability amid a lower palladium price environment. The company is the only palladium and platinum producer in the USA.

The restructuring will impact 287 employees, including both company and contract workers, across its United States operations.

Chief Executive Neal Froneman noted, "We have taken decisive action to address costs at the U.S. operations, to ensure the sustainability of these long-life operations during a challenging period of lower than anticipated PGM [platinum group metals] prices."

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 SIERRA SPACE CORPORATION

Louisville, Colorado-based Sierra Space Corporation, a private space launch contractor, has announced a reduction in force.

Approximately 165 full-time employees and an unknown number of private contractors were impacted by the layoff decision which follows the transfer of the company’s first Dream Chaser spaceplane for prelaunch tests at NASA’s Neil A. Armstrong Test Facility in Sandusky, Ohio.

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?