AM I NEXT? NO LOVE AT UNIVERSAL HEALTH SERVICES

King of Prussia, Pennsylvania-based Universal Health Services, one of the largest and most respected integrated hospital management companies, including 340 inpatient behavioral health facilities, has announced a mass reduction in force at its San Antonio-based Laurel Ridge Treatment Center, a 330-bed behavioral health facility, due to patient health and safety concerns.

The reduction in force will impact 648 employees with a scheduled layoff date of June 26, 2026.

The layoffs follow a notice from the Centers for Medicare & Medicaid Services, which terminated its Medicare provider agreement and will not pay for services provided to residents admitted on or after April 30, 2026.

A UHS spokesperson noted, “CMS recently notified Laurel Ridge that its Medicare provider agreement will be terminated effective April 30, 2026. We are deeply disappointed by this outcome and recognize the significant impact it will have on our dedicated team members and the communities we serve. As a result of this regulatory action, we must implement a workforce reduction. Support resources are being provided to impacted employees during this transition period, including career fairs.”

In 2024, the facility’s CEO, Jacob Cuellar, was arrested on charges of sexually abusing a juvenile.

Change is constant, and it's 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 CHURCH & DWIGHT

Ewing, New Jersey-based Church & Dwight, a consumer goods company focused on personal care, household, and specialty products, has announced a reduction in force at its York, Pennsylvania, manufacturing facility.

The personnel realignment will impact 195 employees and will be implemented on June 30, 2026.

It appears that the decision was driven by routine operational restructuring.

Change is constant, and it's 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 CBOE

Chicago, Illinois-based Cboe Global Markets, a financial exchange owner/operator of a portfolio of exchanges and trading venues across equities, options, futures, and digital assets, has announced a major cost-cutting initiative and a reallocation of assets to core functions.

The new program will affect 20% of its global workforce, including voluntary-retirement packages to older employees, stronger work-from-home policies.

Approximately 334 employees will be impacted.

CEO Craig Donohue noted, “I’ve been trying to reorient the company to be more focused on optimizing growth in our core. This is allowing us to kind of pivot to these new areas of growth. We have a tremendous opportunity in front of us, but realizing it will require us to work more closely together and be incredibly disciplined with our decision-making, priorities, and allocation of capital. We will continue to aspire to be a high-performance, innovation-first, and ownership culture that can operate with the focus, accountability, and agility needed to execute our long-term growth strategy.”

Change is constant, and it's 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?