AM I NEXT? NO LOVE AT VISA

NOVEMBER 26, 2024 — 202 CALIFORNIA LAYOFFS

The company has announced 192 layoffs in San Mateo, California, and another 10 in San Francisco, California. The layoffs will take effect on January 21, 2025.

According to a company spokesperson, “We expect to grow the number of employees at Visa this year, next year, and for the foreseeable future. However, we continuously evolve our operating model to better serve clients and accelerate innovation and growth, which can lead to the elimination of some roles.”

OCTOBER 30, 2024 — Original Blog

San Francisco, California-based Visa, a multinational electronic payment card services provider, is restructuring its international business and reducing its workforce.

The reduction in force will impact 1,400 employees and contractors, with the majority of positions involving technology positions, while the rest will focus on merchant sales and global digital partnerships roles. Layoffs are scheduled to occur before the end of 2024.

According to a spokesperson, The company continually evolves to serve clients and support growth, which can lead to eliminating some roles.”

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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT EMANATE HEALTH

Covina, California-based Emanate Health, a healthcare provider operating three local hospitals and 16 primary and specialty care locations, has announced a restructuring to contain costs.

A reduction in force will impact 107 systemwide employees, including 63 per diem, part-time, and full-time positions, and 44 employees associated with the closure of Emanate Health Home Care and Emanate Health Imaging, effective December 9, 2024. Included are senior positions: vice president of supply chain, assistant director of marketing and growth, managers, and corporate director of safety and security.

The decision appears to be driven by prevailing conditions in the healthcare market.

According to a company statement, "These were difficult decisions that were made upon thorough assessment and careful consideration. All changes have been carefully planned and will not impact the organization's ability to provide high-quality, comprehensive healthcare services to the community."

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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? IS THE HANDWRITING ON THE WALL AT TRUE VALUE?

Chicago, Illinois-based True Value Company, a hardware wholesaler, distributor, and franchisor, has filed for bankruptcy and plans to sell the company to Fort Wayne, Indiana-based Do It Best Corporation, a member-owned hardware, lumber, and building materials cooperative.

How many independently owned stores may be impacted and how many corporate employees are affected is unknown.

According to CEO Chris Kempa, “We believe that entering the process with an agreed offer from Do it Best, who has a similar decades-long history in the home improvement space and also operates with a focus on supporting members and helping them grow, is the most beneficial next step for True Value and our associates, customers, and vendor partners. We thank these valued stakeholders for their continued loyalty as we work to secure a stronger future for True Value.”

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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?