AM I NEXT? NO LOVE AT BILL HOLDINGS

San Jose, California-based Bill Holdings, a financial technology company providing an AI-enabled, cloud-based software platform that automates accounts payable, accounts receivable, and spend/expense management for small- to midsize businesses, has announced a restructuring and a 30% cost-containment initiative.

According to their SEC filing, "The Company announced that it will reduce its workforce by up to 30%. The Restructuring is part of the Company’s ongoing efforts to improve organizational agility and efficiency, while also seeking to drive greater profitability."

The reduction in force impacts 709 employees.

The company plans to transition to an "AI-native" model to boost permanent profitability and respond to pressures from activist investors.

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 IHERB

Irvine, California-based iHerb, an e-commerce retailer operating multiple distribution centers across the US and internationally, has announced the post-acquisition closure of its Vitacost.com fulfillment center located in Lexington, North Carolina.

The closure will affect 130 employees, effective July 1, 2026. The decision was driven by the company's desire to consolidate logistics operations.

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 FRESHREALM

Lancaster, Texas-based FreshRealm, a provider of prepared fresh meal solutions, is in the midst of a major collapse, including a Chapter 11 bankruptcy filing in 2026, and is currently undergoing restructuring.

As a consequence of its precarious financial situation, the company will lay off 1,000+ employees, including 637 at its Linden, New Jersey, facility and 228 at its Tracy, California, facility. Layoffs will take effect between June 2026 and July 2026, subject to Court orders.

Founder and Chief Executive Officer Michael Lippold noted, “We have built a business that serves an important need in the fresh food and meal space, and we remain focused on continuing to serve our customers while supporting our employees, suppliers, and partners through this transition. Our agreement with Blue Apron, and the actions we are taking, create a clearer path forward for the business. We continue to believe in the long-term potential of the platform following the Blue Apron transition. We are proud of the platform we have built and the role we play in helping our partners bring fresh meals to more people in more places. I want to thank our employees, customers, suppliers, and partners for their continued support as we move through this process and work toward the next phase for FreshRealm.”

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?