AM I NEXT? NO LOVE AT TRUIST FINANCIAL CORPORATION / RAC

Charlotte, North Carolina-based Truist Financial Corporation, an American bank holding company, has announced it will close the Tempe, Arizona facility operated by its Regional Acceptance Corp. subsidiary, an auto finance company that focuses on subprime to near-prime indirect lending, pending an agreement to sell off the loan portfolio of its Regional Acceptance Corp. subsidiary.

The closure will impact 120 employees with phased layoffs staged between November 30, 2026, and February 28, 2027.

Another 205 employees will be impacted in Arlington, Texas; 56 employees in Winterville, North Carolina; and 97 employees in Greenville, North Carolina.

A spokesperson noted, "The company is providing affected employees with severance benefits, job search assistance, and consideration for other roles within Truist."

Change is constant, and it's coming. Tomorrow will always come, no matter how much you try to ignore it. Life offers no guarantees, 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, anytime, 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 wondering, "Am I Next?"

AM I NEXT? NO LOVE AT CARMAX

Richmond, Virginia-based CarMax, a large-scale retail used-car seller, announced its continuing "running leaner" initiative with a 4% reduction in force among the corporate employees..

The reduction in force affects 145 corporate employees and marks the third round of layoffs in 11 months.

According to a spokesperson, “We have made the difficult decision to reduce our corporate office staffing by approximately 145 associates to support our strategic priorities and operate with a leaner corporate workforce. These changes will help us move faster and align teams more effectively. By running leaner as an organization, we are positioning CarMax to be more competitive, drive sustainable growth, and provide even more value for our customers.”

Change is constant, and it's coming. Tomorrow will always come, no matter how much you try to ignore it. Life offers no guarantees, 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, anytime, 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 wondering, "Am I next"?

AM I NEXT? NO LOVE AT AVID MEDICAL

Toano, Virginia-based Avid Medical, a brand owned by Owens & Minor and a manufacturer of specialty medical products including custom surgical and procedural kits, has announced the permanent closure of its Toano medical facility on or about November 25, 2026.

The closure will affect 419 employees, including 142 production coordinators, 71 assemblers, 30 material handlers, and 27 warehouse coordinators, as well as engineers, quality-control workers, supervisors, planners, and other employees.

According to a spokesperson, “Like all companies, Owens & Minor routinely evaluates its business operations to improve the customer experience. The closure of the Avid Toano facility is part of a broader long-term strategy to create more resiliency in our surgical kitting network and was already under consideration well before the divestiture. We truly appreciate the dedication of our teammates and are grateful for their continued support as we wind down operations in Williamsburg and transition them elsewhere in our kitting network.”

Change is constant, and it's coming. Tomorrow will always come, no matter how much you try to ignore it. Life offers no guarantees, 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, anytime, 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 wondering, "Am I next?"