AM I NEXT? NO LOVE AT CEF SOLUTIONS

Fort Lee, New Jersey-based CEF Solutions, a business process outsourcing, staffing, and consulting firm, has announced a reduction in force.

The reduction will impact 108 employees located in Greenville, South Carolina, who will be permanently eliminated by August 31, 2025.

Considering that the outsourcing industry is volatile, the layoffs are likely related to a business closure, contract loss, or other customer-driven event.

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, nor promises of 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, at any time, 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 UC SAN DIEGO HEALTH

San Diego, California-based UC San Diego Health, a nonprofit, fully integrated healthcare delivery system operating several regional hospitals and clinics, and affiliated with the University of California, San Diego, has announced a 1.5% reduction in force.

The reduction in force will impact 230 employees, including pharmacists, clinical social workers, and clinical laboratory scientists working in the blood bank

According to a company spokesperson, “The decision was made solely in response to mounting financial pressures caused by federal impacts to health care, regulatory uncertainty, and rising costs of providing care combined with reimbursement rates from Medicare, Medicaid, and insurers that fail to keep pace with the true cost of care.”

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, nor promises of 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, at any time, 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 TERRASCEND

King of Prussia, Pennsylvania-based TerrAscend, a cannabis operator with vertically integrated operations in Pennsylvania, New Jersey, Maryland, Michigan, and California, and a retail operation in Ohio, has announced a restructuring, including an exit from the Michigan market, including four cultivation and processing facilities, twenty retail dispensaries, and real estate.

This restructuring and reduction in force will impact approximately 21% of the Company’s workforce, an estimated 252 Michigan employees. Most of the layoffs are expected to occur by the end of the fourth quarter of fiscal year 2025.

According to Executive Chairman Jason Wild, “Michigan is an extremely difficult market, and we have come to the realization that our resources can be better utilized in our other markets. This move will unlock value for TerrAscend and its shareholders. By concentrating our efforts and resources in the company’s core northeastern U.S. markets — New Jersey, Maryland, Pennsylvania and Ohio — I am confident that we are now positioned to deliver stronger financial performance, including improved margins and operational efficiencies.”

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, nor promises of 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, at any time, 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?