AM I NEXT? NO LOVE AT MYBAMBU

West Palm Beach, Florida-based MyBambu, a financial technology company offering a mobile‑banking app for unbanked and low-income individuals, has announced that it will cease operations by the end of December 2025, at its 35,000-square-foot leased offices, due to the loss of its primary funding source.

The closure will impact all 141 employees in phases, commencing with the first 100 layoffs on October 31, 2025, and the remaining 41 employees by December 31, 2025.

According to a company statement, "MyBambu is providing this notice as soon as practicable after unexpectedly learning that the main and historical source of funding for MyBambu's operations would end, depriving MyBambu of funding necessary for running its operations and necessitating the commencement of an orderly wind-down."

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 ELIOR GROUP

Charlotte, North Carolina-based Elior Group, a French multinational company that specializes in catering and food service, has announced a reduction in force due to losing its service contract with the University of Wisconsin, Oshkosh. The company has chosen not to participate in the ongoing vendor selection process.

The reduction will impact 155 employees, beginning on May 17, 2026.

According to a statement, “Elior has chosen not to take part in the University of Wisconsin-Oshkosh’s current, ongoing food services vendor selection process. The company’s contract was already set to conclude next spring. Elior’s decision will not affect UWO students, faculty or staff. UW-Oshkosh will have a new dining services provider in place next spring to ensure a smooth transition and uninterrupted service for our campus community and guests.”

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 EDUCATIONAL TESTING SERVICE

Princeton, New Jersey-based Educational Testing Service, the iconic private educational testing and assessment organization, has announced a major reduction in force as it concludes its contract with the State of California. The work will be assumed by Durham, North Carolina-based Measurement Incorporated.

The reduction in force will impact 757 California employees, most of whom work remotely, effective December 31, 2025.

According to a company statement, “These individuals were all given the opportunity to apply for roles and continue performing their work with the new vendor. This change is part of an operational shift and does not represent a discontinuation of the work or services provided.”

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?