AM I NEXT? NO LOVE AT STERIS

Mentor, Ohio-based Steris, a medical equipment company specializing in sterilization and surgical products, has announced a restructuring and personnel realignment. "The restructuring includes product line re-evaluations, facility consolidations, a strategy shift in the company’s healthcare surgical business in Europe, and an impairment review for an X-ray accelerator that was internally developed."

The reduction in force will impact approximately 300 employees with the restructuring to be mostly complete by early next 2025.

In an SEC filing, "the restructuring is meant to enhance profitability and improve efficiency."

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 RUIZ FOODS

Frisco, Texas-based Ruiz Foods, a maker of frozen Mexican foods, has announced the closure of its Tulare, California plant and to distribute its workload to the company's five other facilities located in California, Texas, and South Carolina.

The shutdown will impact 215 employees, with layoffs occurring between August 30, 2024, and September 13, 2024.

According to a company statement, "The Tulare plant has outlived its usefulness. The plant opened in 2004 to provide short-term production for the company’s flagship plant in Dinuba, California. But, after 20 years, the company determined the frozen food plant was too small and would require substantial capital investment to meet our manufacturing needs or remain a viable part of the Ruiz Foods network. While this is the right decision for our business, we recognize the impact on our valued Tulare team members and will be working to provide support and options during this transition including, for some, an option to transfer to our Dinuba plant."

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 OHSU

Portland, Oregon-based Oregon Health & Science University (OHSU), a public research university and operator of a regional healthcare system, has announced a major cost-cutting initiative.

The cost-cutting effort will impact 500+ employees.

According to OHSU President Danny Jacobs, “Our expenses, including supplies and labor costs, continue to outpace increases in revenue. Despite our efforts to increase our revenue, our financial position requires difficult choices about internal structures, workforce, and programs to ensure that we achieve our state-mandated missions and thrive over the long term.”

"One of the guiding principles of the Strategic Alignment work is a commitment to transparency and providing significant updates as soon as possible. Communications about the plan will include language about the Worker Adjustment and Retraining Notification Act."

“Uncertainty and change are difficult. We will continue to proceed with compassion, fully understanding the gravity of these decisions and the personal impact they have."

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?