AM I NEXT? NO LOVE AT TGI FRIDAYS

Dallas, Texas-based TGI Fridays, a casual dining restaurant chain focusing primarily on American cuisine, has announced the closure of 49 additional locations. The company has filed for Chapter 11 bankruptcy.

Over 200 employees are impacted by the closures.

According to a company statement, "The primary driver of our financial challenges resulted from COVID-19 and our capital structure. This restructuring will allow our go-forward restaurants to proceed with an optimized corporate infrastructure that enables them to reach their full potential."

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 MIRO

San Francisco, California-based Miro, a digital collaboration platform designed to facilitate remote and distributed team communication and project management, has implemented an 18% reduction in its workforce.

Approximately 275 employees will be impacted by the reduction.

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 KRAKEN

San Francisco, California-based Kraken, a United States–based cryptocurrency exchange, has announced another restructuring, the appointment of a new co-chief executive, and a 15% percent reduction in force.

The reduction will impact approximately 400 employees.

Co-CEO Arjun Sethi AND co-CEO Dave Ripley blogged, "To continue forging our path ahead and put Kraken in contention to become the largest crypto platform in the world, we need to be leaner and faster. We are making organizational discipline decisions to tackle this problem and eliminate layers. The next chapter of Kraken starts today”

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?