AM I NEXT? NO LOVE AT INTERNATIONAL PAPER

Memphis, Tennessee-based International Paper, a producer of packaging, pulp, and other fiber-based products, has announced a strategic operational realignment that will affect its multi-state operations.

International Paper announced late Friday plans to close four facilities across the United States by the end of the third quarter. It will close a sheet plant in Aurora, Illinois, along with converting plants in Elk Grove, California, and Barrington, New Jersey. It will also cease preprint operations at a facility in Richwood, Kentucky.

The closures will impact 330 employees, 136 in California, 133 in New Jersey, 41 in Illinois and 20 in Kentucky.

According to a company spokesperson, "These are difficult but necessary decisions that strengthen our network, focus investments where they create the greatest value and position International Paper to better serve customers and compete for the long term. We are grateful to the employees affected and are committed to supporting them through this transition and ensuring a seamless experience for our customers."

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 GENENTECH

South San Francisco, California-based Genentech, the biotechnology research and drug manufacturing subsidiary of the Basel, Switzerland-based Roche Group, has announced a restructuring of its Genentech Research and Early Development (gRED) programs.

The restructuring will involve the closure of two research teams in physiological chemistry and infectious diseases and will impact 103 employees, mostly in professional scientific and technical service positions.

A company spokesperson noted, "It is important to emphasize that most of these are focused adjustments within Genentech impacting a small proportion of the organization, and we continue to hire within Genentech, including gRED. The company’s hiring approach reflects the capabilities, expertise, and areas of science that are most critical to advancing our portfolio and delivering transformative medicines to patients now and in the future.”

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 BILL.COM

San Jose, California-based Bill.com, a platform provider of automated, cloud-based software for bill presentment and payment, has announced a 30% reduction in force to improve profitability following stock declines.

The phased reduction impacts 129 employees, mainly in software engineering and product management teams, at the company's San Jose headquarters.

According to CEO René Lacerte, "The restructuring is aimed at improving profitability and positioning the firm to operate more effectively and efficiently in an AI-first world. We’re evolving our leadership team and organizational structure to align with our highest priorities and position BILL for the future.”

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?