AM I NEXT? NO LOVE AT DONNELLEY FINANCIAL SOLUTIONS

Chicago, Illinois-based Donnelley Financial Solutions, a supplier of printing, SEC-filing, and distribution solutions to private and public companies, has announced a reorganization that will impact 225 employees located in Lancaster, Pennsylvania.

The restructuring will see the shut down of offset print production in one facility and the transfer of personnel between the company's three Lancaster, Pennsylvania locations. One facility is expected to be shuttered on April 30, 2021.

According to a company spokesperson, “Recently enacted regulations have decreased the demand for printing and distribution in the mutual fund and variable annuity industry, and as a leader in providing solutions for companies to meet those regulations, we have a responsibility to adapt so we can continue to serve our clients well into the future. These decisions were not taken lightly, nor were they easy to make. We appreciate all the great work our employees in Lancaster have done over the last several decades and we are doing everything we can to support them in this transition.”

Donnelley Financial Solutions was part of a three-way breakup of RR Donnelly by incompetent management and which proved to be disastrous for shareholders as it destroyed much of the company's value. The company faced great difficulty in transitioning between traditional paper printing and electronic communications.

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 or promises for a bright future. Just because something bad 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. Are you now wondering, Am I Next?